Simplify the following text for a Grade 8 native English-speaking person.
Original: The street has now been redeveloped , but has not yet regained its former degree of popularity , with a Gala Bingo and a J D Wetherspoon 's taking up much of one side of the street and the rest largely occupied by chain stores .
Simplified: The street has now been redeveloped , but has not yet regained its former degree of popularity , with a Gala Bingo and a J.D. Wetherspoons taking up much of one side of the street and the rest largely occupied by chain stores .