(PRESS RELEASE) WAUSAU — The Wausau Opportunity Zone, Inc. (WOZ) has learned that Victoria’s Secret will not reopen in the Wausau Center Mall following its closure during the Safer At Home period. Victoria’s Secret, in corporate downsizing, has determined to close 250 locations across the country, approximately 25 percent of their stores.
 
“As we have experienced the changing nature of the retail environment over the years, the Wausau Center Mall continues to change. Tenants, locally owned and national brands, are addressing their business models and making decisions where their resources are best placed in the COVID–19 environment.” said Dave Eckmann, President of WOZ, Inc.
 
In the near future, WOZ, in collaboration with the City of Wausau and community stakeholders, will develop a comprehensive plan to reposition the Wausau Center Mall property to support the quality of life and long-term economic benefit of the taxpayers of the City of Wausau by maintaining an attractive and vibrant downtown. 
 
WOZ has engaged Chuck Ghidorzi to act as Managing Director, leading the planning process for redevelopment of the property. For more information on WOZ, please contact Chuck Ghidorzi.