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A year ago: Photos show final days of Sears at South Park Mall after more than 60 years
Feb. 5, 2021
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Photos shared by New Republic of San Antonio show the once bustling department store decimated to only a handful of products and racks Monday night. The South Park Mall store was the only one in Texas affected by the decision to close 96 Sears and Kmart locations. Transformco, the parent company of the two brands, announced the difficult decision in November 2019, citing an effort to streamline efforts in the face of a difficult retail environment and other challenges. Courtesy, New Republic of San Antonio Show MoreShow Less
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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.