Macy's announced Tuesday that it will close about 150 underproductive locations, including 50 by the end of the fiscal year. There was no information if four stories in Southwest Florida two in Sarasota and one each in Lee and Collier counties would be among those closed.Including the Southwest Florida stores there are 41 Macy's sites across the state.The news on shuttering the stores came as the department store operator said it posted a fourth-quarter loss and declining sales. The Macy’s stores set to close account for less than 10% of its sales, the company said.
Multi-million dollar makeover coming to Southgate Mall wslr.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wslr.org Daily Mail and Mail on Sunday newspapers.
What led to the end of Bradenton s DeSoto Square Mall in Manatee County heraldtribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from heraldtribune.com Daily Mail and Mail on Sunday newspapers.
When it took over the former Southgate mall at U.S. 41 and Siesta Drive earlier this year, O Connor Capital Partners was pretty vague about what, exactly, it planned for the property.
The investment company, which owned just 49% of Westfield Siesta Key mall uuntil it took over the remaining shares late last year, didn t provide many details about what it wanted to do with the highly visible retail center.
All O Connor said at the time was that it would rebrand the mall - which it did almost immediately, changing the name to the Crossings at Siesta Key - and add a mix of new merchants and restaurants to serve the needs and requests of the community.