Opened in 1980, the mall features J. C. Penney, Belk, Roses, Rural King, and Hobby Lobby, Five Below and seventy other store areas, most of which have been vacant for five or more years.

[3] When it first opened in 1980, Mercer Mall had Sears, J. C. Penney, Montgomery Ward, Stone & Thomas, and Leggett (now Belk).

Instead, Belk purchased the store and took the space for men's wear and home goods.

In May of 2023 a new business called Golden Ticket Cinema acquired the space, with an opening date yet to be announced.

[13] In October 2024, it was announced that Five Below would be taking over in the old FYE (retailer) location, opening in November 2024.