The mall was known as Deerfoot Outlet Mall when The Bay moved out and Sears opened an outlet store in the former Bay store. Many other businesses opened factory outlet stores there.
The mall reverted its name back to Deerfoot Mall when Sears renovated its outlet store into a full service Sears. The mall's iconic checkmark logo was discontinued. There remain several outlet stores in the mall at this point, including Liz Claiborne, Mexx, and Sport Chek.
The mall is anchored by Sears, Winners, Sport Chek and Bowling Depot. Wal-Mart - formerly located where the current Sport Chek is located - is located in the southeast corner of the mall property.
The food court is in the southeast wing of the mall. Customers can enjoy food from Panini, Koryo, Wok With Us, Subway, Edo, A&W, British Fish and Chips, Second Cup, Dairy Queen, Orange Julius, and Cinnzeo. King Pie is scheduled to open here. There is a Pizza Hut Express in the Bowling Depot, which flanks the east side of the food court. Most of the food court merchants are lined up along the west side of the walkway.
The mall's very large parking lot allows it to host many outdoor festivals. The mall has previously hosted the Shrine Circus in the parking lot. Several antique and muscle car shows are held there every summer.