In 2003 Cumberland Mall lost its first anchor, Macy's (formerly Davison's). The vacant store resulted in a major redevelopment plan. The redevelopment included the demolition of the old Macys, which was replaced with a new mall entrance complete with an open-air wing. This mall has restaurants such as Buffalo Wild Wings, Maggiano's Little Italy, The Cheesecake Factory, P. F. Chang's China Bistro, Stoney River Legendary Steaks, and Ted's Montana Grill. Other changes included the demolition of the JCPenney, which planned to close its store, for the construction of a new Costco. The changes also included a complete interior renovation with new skylights and an expanded food court. These changes were planned to keep the mall competitive, even with only two traditional department stores remaining: Macy's (former Rich's) and Sears. All the renovations were completed in early 2007. In 2015, Sears Holdings spun off 235 of its properties, including the Sears at Cumberland Mall, into Seritage Growth Properties. On March 11, 2015, Tomorrow's News Today - Atlanta detailed Kroger's plans to take over the upper level of Sears and reopen it as a 93,000-square-foot grocery store by the summer of 2016. On January 12, 2016, Kroger announced that it was no longer coming to Cumberland Mall after all.  On August 22, 2018, Sears announced that it would be closing in November 2018 as part of a plan to close 46 stores nationwide. After the store closed Costco and Macy’s are the remaining anchors left.