Drive west on US-41 past Park Shore Plaza this month and you will notice the paper still up in two storefront windows. One used to say Saks Off 5th. The other used to say Party City. Neither sign has gone up yet for what comes next, but the leasing paperwork has, and if you read the tenant list the way you'd read a set of moving boxes, it offers a snapshot of the shopping center's tenant mix today.
The short version: three storefronts turned over across 2025 and 2026, and the businesses filling them add to the plaza's retail mix. A few blocks away, the Park Shore Association's beach park calendar includes dune restoration, sunset wine socials and walkway repairs timed to peak season. The plaza and beach park offer different neighborhood amenities, and it's worth knowing what each offers before you plan your week.
The Saks Off 5th Closure and Saks Global's Bankruptcy
Saks Off 5th had operated at Park Shore Plaza for 10 years, occupying 27,000 square feet of the center between The Fresh Market and the Barnes & Noble that arrived more recently. It closed this spring with a storewide clearance sale. Saks Global, the parent company that also owns Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, filed for Chapter 11 bankruptcy in January, citing debt tied to its 2024 Neiman Marcus merger, and moved to shutter all but 12 of its 50 Off 5th locations nationwide. Of the six Florida stores on that closure list, three sit along the Gulf coast: Naples, Ellenton, and Tampa.
The vacancy at Park Shore Plaza came after Saks Global's January bankruptcy filing. Brixmor Property Group, the New York-based company that owns the center, backfilled the space quickly. TJ Maxx, the flagship chain of TJX Companies, is moving into the full 27,000-square-foot box. Brixmor's vice president of marketing, Maria Pace, told Gulfshore Business: "the leasing activity at Park Shore Plaza reflects the strength of both the center and the Naples market."
Three TJX Brands Under One Roof
Here's the detail that changes the read on this turnover. TJ Maxx isn't the only TJX Companies brand arriving. Sierra, TJX's off-price outdoor and lifestyle chain, is also moving in, taking the 18,676-square-foot space that Party City vacated last year, positioned between Burlington and Kirkland's. No confirmed opening date exists yet for TJ Maxx as of this writing, but Sierra is expected before the end of 2026.
Once both open, Park Shore Plaza will house three TJX Companies banners at once:
- TJ Maxx, replacing Saks Off 5th
- HomeGoods, already an anchor tenant
- Sierra, replacing Party City
That's a meaningful shift for a center that Brixmor, in its own account, spent roughly $20 million renovating and remerchandising a few years back specifically to court what it described as the shopping center's affluent consumer base, landing tenants like Yard House and Sleep Number alongside Saks Off 5th. The latest arrivals add to an evolving mix of retail tenants.
Kirkland's Isn't Actually Closing, It's Changing Hands
If you assumed Kirkland's at Park Shore Plaza had already shut down, you're not alone, and you're also not quite right. The store ran an everything-must-go sale earlier this year after announcing a closure, which is exactly the kind of signal that makes shoppers stop checking. But the doors stayed open. Last fall, Bed Bath & Beyond Inc. acquired the Kirkland's Home brand assets and has plans to rebrand the chain over roughly the next year. So the store you drive past today is Kirkland's inventory under new corporate ownership, mid-transition rather than mid-closure. If you've been avoiding that end of the plaza assuming it's dark, it isn't yet.
The Juice Bar in the Old Duck Donuts Spot
The smaller turnover at the plaza is easier to miss but worth noting for anyone who used to grab a coffee run there. Duck Donuts closed last summer after five years in the center. This past May, a local business called Juice Society opened a juice bar and eatery in that same space. The new juice bar adds another food and drink option to the center.
Park Shore Beach Park Events and Improvements
The plaza's tenant changes are one part of neighborhood life, and the Park Shore Association's beach park also has a calendar of events and improvement projects.
The Association's own newsletter items from earlier this year read almost like a punch list for community investment. Wine Wednesday, a sunset social with a mobile bar vendor, returned to the beach park in March with an event timed to a 7:38 p.m. sunset, the second run of a tradition the Association had revived that January after first announcing it the previous fall. The dune plantings installed last summer, sea oats and native sea grasses meant to help the shoreline hold after storm damage, were reported thriving as of this year. And ahead of peak season, the Association flagged upcoming walkway repairs and parking updates at the beach park, along with a broader round of facility upgrades it described as still in progress.
The plaza is restocking with new retailers, while the beach park's calendar includes a sunset social, dune plantings and planned walkway repairs. If you're new to the neighborhood or you've just been on autopilot with your errands, the plaza's new retail options and the beach park's community calendar are both worth knowing about this fall.
For residents keeping track of both threads, from Sierra's opening date to whatever the Association plans next at the beach park, The Higdon Team tends to know first, if only because it's the kind of detail that shapes how a neighborhood feels day to day. Whenever you're ready to talk about what's happening with property here, not just retail, request a private consultation.
