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Macy’s exiting 2 San Antonio locations as retailers, malls face challenges
Trend is toward smaller, concept stores and more technology post-pandemic
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Macy’s called the shuttering part of its strategy which leaves four stores in San Antonio.
“Retailing has changed forever thanks to the pandemic, particularly shopping malls will no longer be the same as before,” said Venky Shankar, research director at Texas A&M’s Center for Retailing Studies.
As the pandemic turned up online shopping, many stores buckled. Last year, 40 chain retailers declared bankruptcy and some vanished.
And as the pandemic expedited some closures, Shankar said it also accelerated the need to change.
Two San Antonio Macy’s stores to close this year
The Macy’s stores at Rolling Oaks and Rivercenter will close in 2021
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File Photo (AP Photo/Charles Krupa) (Copyright 2020 The Associated Press. All rights reserved.)
SAN ANTONIO – Two San Antonio Macy’s stores will close in the first quarter of 2021, company officials confirmed.
The Macy’s stores at Rolling Oaks Mall and the Shops at Rivercenter will close in the next few months as part of a cost-cutting plan that will shutter 125 stores over the next three years.
A clearance sale will begin in January and run for approximately eight to 12 weeks, a Macy’s spokesperson told KSAT.
Macy s is closing two of its San Antonio stores
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Macy’s is closing its stores at Rolling Oaks Mall and the Shops at Rivercenter but will continue operation locations at South Park Mall, Ingram Park Mall, North Star Mall and the Shops at La Cantera.Robin Jerstad /Contributor
Macy’s is shuttering two of its six San Antonio stores as part of a wave of closures it announced early last year.
Clearance sales at the department chain’s Rolling Oaks Mall and Shops at Rivercenter stores start this month and will run for eight to 12 weeks.
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