[citation needed] In 1986, Federal Realty Trust acquired the shopping center.

[citation needed] Through the 1980s, Willow Lawn lost many of its key stores as other malls opened nearby.

JCPenney closed in the late 1990s and was replaced with a Hannaford Bros. Co. supermarket, until that chain sold its Richmond locations to Kroger.

Also in 2005, Ben Franklin Crafts (which was formerly an outparcel) and K & G Fashion Superstore moved into the mall, the latter replacing most of the food court.

[citation needed] In 2011, Willow Lawn began another renovation, demolishing the remnants of the enclosed mall and food court.

In 2012, the central section of Willow Lawn is set to reopen with new stores and an open-air courtyard.