[1] The land the Shenango Valley Mall sat on was owned by the McConnell family until its sale in 2022.

[23] Shenango Valley Mall made national news due to the closure of both its Macy's and Sears in March 2017.

[27] In 2017, Hermitage City and School District challenged the mall's tax reassessment that significantly reduced its value due to the loss of two anchors.

[5][31][32] The mall's lender, Iowa Square Realty LLC, won it at sheriff's sale for $50,000 in July 2018.

[35][36] Court hearings occurred in December 2018 over Iowa Square Realty's ownership of the mall due to issues with maintenance, unpaid rent, and taxes.

[42] On November 7, 2019, the JCPenney Corporation filed a complaint against GFM-23, citing its 1960s lease and owner agreements with the McConnell family and other parties.

[44][45][46] In February 2022, the McConnell family won a Court of Common Pleas decision against JCPenney regarding the mall's redevelopment.

[49][50] On March 8, 2023, Butterfli Holdings sent an eviction notice to JCPenney which would have resulted in its closure by April 8, 2023.