In this specific example it doesn't matter if it's Kmart or a one off mom and pop store. You can look at NYC to see how empty store fronts are given preference

In this specific example it doesn't matter if it's Kmart or a one off mom and pop store. You can look at NYC to see how empty store fronts are given preference over renting to new non-giant brands. Landlords have figured out it's better to just let a storefront sit empty for years rather than rent to anyone that isn't an already giant/established brand.