Macy’s to permanently close 45 locations in 2021: See the list of Texas stores
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The Macy s store at the popular Tyson s Corner Center sits closed Monday, March 30, 2020, in McLean, Va., a Washington suburb. Macy s announced that they would furlough a majority of their 130,000 workers after their stores closed due to the virus outbreak. (AP Photo/J. Scott Applewhite) (Copyright 2020 The Associated Press. All rights reserved)
With sales down due to the coronavirus pandemic and decreased foot-traffic at shopping malls, Macy’s is shuttering some of its storefronts.
Macy’s informed employees at 45 locations, including five within Texas malls, that their stores would close in 2021, CNBC reports.
By Valerie Hernandez
Jan 7, 2021
Many businesses have been affected by the coronavirus pandemic and Macy s just announced that more locations will close this year. Macy s notified the employees at about 45 of its department stores that they will close by the middle of this year. The store closures are part of Macy s previously announced plan to shut down 125 locations by 2023. A spokeswoman told CNBC in a statement,
“As previously announced, Macy’s is committed to rightsizing our store fleet by concentrating our existing retail locations in desirable and well-trafficked A and B malls. To that end, we announced several store closures today that align to the guidance we provided in February 2020. These closures bring us closer to achieving the right mix of mall-based stores.”
By Valerie Hernandez
Jan 7, 2021
Many businesses have been affected by the coronavirus pandemic and Macy s just announced that more locations will close this year. Macy s notified the employees at about 45 of its department stores that they will close by the middle of this year. The store closures are part of Macy s previously announced plan to shut down 125 locations by 2023. A spokeswoman told CNBC in a statement,
“As previously announced, Macy’s is committed to rightsizing our store fleet by concentrating our existing retail locations in desirable and well-trafficked A and B malls. To that end, we announced several store closures today that align to the guidance we provided in February 2020. These closures bring us closer to achieving the right mix of mall-based stores.”
WORK is set to start to turn the site of a former church building gutted by a fire into a new car park. The £250,000 project will create 20 new spaces in the town centre, following the demolition of the old Greenock Free Church. The building, which was being used as a furniture storage space at the time, went up in flames in a huge blaze. Jamaica Street s new car park is part of a wider £3 million plan to revamp the town centre. It involves a redesign of West Blackhall Street which will result in it having fewer car parking spaces. The Jamaica Street ground has been snapped up to help offset that loss.
Macy s department store to close 36 locations, 2 in Dallas-Fort Worth
Macy s department store to close 36 locations, 2 in Dallas-Fort Worth Liquidation sales are starting in January.
Courtesy photo Department store chain
Macy s is executing a wave of store closures in the first quarter of 2021 that include five in Texas, with two in the Dallas-Fort Worth area, in Denton and Lewisville. According to
USA Today, Macy s, Inc. which also runs Bloomingdale s and Bluemercury, released a list of 36 stores expected to close by mid-2021; they re also closing one Bloomingdale s. Nine other stores have recently closed, none in Texas.
Fortune magazine said that most of the closures are located in weak malls from which shoppers have long since defected, and that Macy s will focus on its best stores in higher-caliber malls, along with its e-commerce business new, smaller store format that it s currently testing. They opened one such store in February in Southlake, with 20,000 square