Arndale Centre bosses have moved to reassure shoppers after the withdrawal of a major high street chain.
New Look has announced it will pull out of the Broadway shopping centre on September 22 when its lease expires.
A spokeswoman for New Look said the closure is part of plans to shut between 50 and 100 stores over the next five years because of greater internet shopping demand. The firm declined to comment on how many jobs would be lost.
Centre manager Zain Kiyani said a number of existing tenants including Burtons and Dorothy Perkins have renewed their leases and they are looking to sign up more businesses soon.
The Arndale was sold in March to a confidential buyer understood to be a North American investment company. Zain said the new owners are committed to creating a "successful and vibrant" shopping centre but said the town was "not immune" to the current economic climate.
He said: "A number of historic leases have come to an end since the Arndale opened its doors in 1987. I am fully aware as you will be that many shopping centres and high streets have been hit by company closures and administrators.
"I am therefore pleased to announce that a number of tenants including Burtons and Dorothy Perkins share their commitment to the Arndale Accrington and have already agreed to continue.
"Our team of professional letting agents are in discussion with potential new occupiers where terms have been agreed and are in solicitor’s hands."
Fran Finnerty, manager of Timpson shoe repairs in the Arndale Centre, said it was mixed news for businesses. He said: "It’s great news that Burtons and Dorothy Perkins are staying but sad that New Look are going as they are a really big store. Hopefully they can fill up some of the empty units soon."
Last month the Observer revealed how a dozen units – nearly a quarter of the shopping complex – currently lie empty after the recent closures of Clintons and Bon Marche.
Hyndburn Council leader Miles Parkinson said they were "concerned" about empty shops in the Arndale and will set up a meeting with the new owners to discuss long term plans for the centre.