The world’s largest retailer is the buyer of the region’s largest shopping mall. A spokesman for Walmart confirmed that it is the new owner of Monroeville Mall, the 1.2 million-square-foot shopping complex on 186 acres of land that has been a focal point of the East suburbs for more than 50 years.

The Monroeville Mall is about to change. Opened in 1969, the Monroeville Mall has seen a lot of changes over the years, and there's a new one with the introduction of Walmart as the property's new owner,

Retail giant Walmart bought Monroeville Mall, a spokesman confirmed Tuesday. But no specific plans for the 186-acre site have been released, said Mark Rickel, director of corporate communications for Walmart.

Walmart acquired Monroeville Mall and is interested in its future redevelopment, pointing to potential changes for the site.

A day after levying steep new tariffs on Mexico, Canada and China, President Trump acknowledged what economists, members of Congress and even some of his own aides — in their previous lives — have been saying all along: Americans may find themselves paying the costs.

Dallas-based development and investment firm Cypress Equities plans on turning the 1.2 million-square-foot property into spaces for retail, entertainment, restaurants, residences and offices.