Today
In 2015, Sears Holdings spun off its 235 properties, including the Sears at Los Cerritos Center, into Sertiage Growth Properties.[4]
Since the end of 2015, the center has been undergoing a large-scale renovation, which brought in new anchors such as Dick's Sporting Goods and Harkins Theatres, in-line stores, remodeled interiors, new furnishings and lighting, exterior landscaping, as well as art work and overall re-branding.
The Macy's wing houses merchandise, confectionery, and services for the family, the main concourse holds more upscale fashion stores, restaurants and boutiques, and the Sears wing focuses on specialty shops in entertainment, younger consumers, as well as the newly renovated Dining Court.
Forever 21, which opened in January 2010 from the old Mervyn's store, was the first flagship styled store for the retailer in the United States and opened to much acclaim.[5][6]
A brand new, relocated Nordstrom department store and wing opened in May 2010 on the site of the former Robinsons-May store (closed in 2006 due to Federated acquiring May Department Stores Company).[7] The added wing made room for nine additional in-line shops and restaurants. The old Nordstrom site was demolished for redevelopment and is now the site of a 16-screen Harkins Theatres which opened on May 5, 2016, as well as The Cheesecake Factory, which opened on November 3, 2015.[8]
Realizing the importance of multiculturalism and diversity in the region today, the Los Cerritos Center, in conjunction with the city of Cerritos, is home to the Festival of Friendship held every February. Cultural booths and performances are held annually with the goal of reaching out to the various diverse communities the center serves.
In 2010, 8.5 million shoppers visited the mall with November 26 (Black Friday) marking the biggest day of the year with 79,682 visitors. The daily average attendance from January through November 2010 was 22,133 people a day. December 2010 saw an average of 35,631 a day. Los Cerritos Center is the most financially successful mall in the Southeast Los Angeles region.[9]
In early 2017, Red Robin closed to make way for a P. F. Chang's, which was opened in late 2017.
On October 15, 2018, it was announced that Sears would be closing as part of a plan to close 142 stores nationwide. The store closed on December 6, 2018.[10]
In March of 2025, it was announced that Forever 21 would close at part of a 12 store closure in Southern California, which included their headquarters in Los Angeles. The store closed sometime in April of 2025.[11]
In 2026, Dick’s Sporting Goods announced that they would open one of their large format Dick’s House of Sport concept stores inside the former Sears. The company expects the location to open sometime in late 2027. Development of this new store is currently ongoing.[12]