Another retailer pulls out of Desoto Square Mall

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Posted: Friday, August 15, 2014 8:07 am

BRADENTON, FL- Another huge loss for Desoto Square Mall in Bradenton.

Teicher Theaters, which runs the discount movie theater at the mall closed its doors this week.  This comes just weeks after Macy's announced it was closing its store at Desoto Square in September, and moving to the Towncenter at University Parkway.

The mall went on the auction block earlier this month.  A bid of more than 33 million dollars was made for the property, but no word yet on who made the bid, or whether the current owners will accept it.  Also, no word if new owners will continue to use Desoto Square as a mall or convert it to office space.

In published reports, mall management says they are in discussions with another company to take over the movie theater.

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