Macy's to close dozens of stores across the U.S.

[thelakelander]

Doesn't sound like these guys will be expanding to Jax anytime soon....

Macy's on Tuesday announced it will close 35 to 40 of its lowest-performing stores across its U.S. footprint.
The retailer said it will close underperforming stores in early 2016, according to a report from Fox 6.

Full article: http://www.bizjournals.com/birmingham/morning_call/2015/09/macys-to-close-dozens-of-stores-across-the-u-s.html

[benfranklinbof]

Macy's is overrated anyways, I feel bad for the jobs that will be thrown away :/

[fsujax]

Macy's is not what it used to be. Got to big and destroyed its brand with buying crappy stores (former Burdines) like those in Daytona Beach, Gainesville and Tallahassee

[RattlerGator]

What a joke to me -- all those years hoping for a Burdines here, and then a Macy's. Everything has changed these days. No one gives a damn about Macy's.

[I-10east]

That's the magic of Macy's....

[coredumped]

That's the tragic of Macy's!

In all seriousness, I think the Macy's brand is still regarded highly. Best of luck to those who are losing their jobs.

[thelakelander]

Macy's Store Closings

Final clearance sales at the following Macy's stores closing in early 2016 will begin on Monday, Jan. 11 and run for between eight to 12 weeks (with the exception of Westfield Century City, North DeKalb Mall and Roseburg Valley Mall, where final clearance sales are already in progress):

Irvine Spectrum, Irvine, CA (140,000 square feet; opened in 2002; 112 associates);
Country Club Plaza, Sacramento, CA (165,000 square feet; opened in 1961; 111 associates);
Westfield Century City, Los Angeles, CA (136,000 square feet; opened in 1976; 108 associates). Note that this store will be closed in January 2016 and replaced with a new, larger store to open in this same shopping center in spring 2017;
Enfield Square main store, Enfield, CT (166,000 square feet; opened in 1971; 84 associates);
Enfield Square furniture/home/men's store, Enfield, CT (76,000 square feet; opened in 1971; 20 associates);
North DeKalb Mall, Decatur, GA (190,000 square feet; opened in 1965; 89 associates);
Kailua, HI (59,000 square feet; opened in 1946; 57 associates);
Palouse Mall, Moscow, ID (41,000 square feet; opened in 1979; 47 associates);
Northwoods Mall, Peoria, IL (165,000 square feet; opened in 1985; 62 associates);
Cortana Mall, Baton Rouge, LA (243,000 square feet; opened in 1976; 108 associates);
Valley Mall, Hagerstown, MD (120,000 square feet; opened in 1999; 59 associates);
Berkshire Mall, Lanesborough, MA (111,000 square feet; opened in 1994; 58 associates);
Eastfield Mall, Springfield, MA (127,000 square feet; opened in 1994; 71 associates);
The Shoppes at Stadium, Columbia, MO (140,000 square feet; opened in 2003; 81 associates);
Middlesex Mall, South Plainfield, NJ (81,000 square feet; opened in 1976; 69 associates);
McKinley Mall main store, Buffalo, NY (88,000 square feet; opened in 1989; 65 associates);
McKinley Mall home store, Buffalo, NY (31,000 Square feet; opened in 1989; 10 associates);
Arnot Mall, Horsehead, NY (120,000 square feet; opened in 1995; 79 associates);
Hudson Valley Mall, Kingston, NY (121,000 square feet; opened in 1995; 72 associates);
Eastern Hills Mall, Williamsville, NY (127,000 square feet; opened in 1971; 80 associates);
Cary Towne Center, Cary, NC (107,000 square feet; opened in 1991; 63 associates);
Chapel Hill Mall, Akron, OH (169,000 square feet; opened in 1967; 91 associates);
Midway Mall, Elyria, OH (105,000 square feet; opened in 1990; 64 associates);
Quail Springs Mall, Oklahoma City, OK (146,000 square feet; opened in 1986; 87 associates);
Pony Village Mall, North Bend, OR (41,000 square feet; opened in 1980; 54 associates);
Roseburg Valley Mall, Roseburg, OR (40,000 square feet; opened in 1980; 59 associates);
Suburban Square, Ardmore, PA (102,000 square feet; opened in 1930; 74 associates);
Century III Mall, West Mifflin, PA (173,000 square feet; opened in 1979; 101 associates);
Ridgmar Mall, Ft. Worth, TX (181,000 square feet; opened in 1998; 92 associates);
Chesapeake Square, Chesapeake, VA (95,000 square feet; opened in 1999; 69 associates);
Virginia Center Commons, Glen Allen, VA (110,000 square feet; opened in 1993; 81 associates);
Peninsula Town Center, Hampton, VA (173,000 square feet; opened in 1977; 109 associates);
Military Circle Mall, Norfolk, VA (153,000 square feet; opened in 1976; 95 associates);
Regency Square main store, Richmond, VA (100,000 square feet; opened in 1990; 100 associates);
Regency Square furniture/home/men's store, Richmond, VA (124,000 square feet; opened in 1990; 35 associates);
Downtown Spokane, Spokane, WA (374,000 square feet; opened in 1947; 94 associates).


Macy's stores closed in the final three quarters of 2015 (previously announced):

Owings Mills Mall, Owings Mills, MD (164,000 square feet; opened in 1986; 90 associates);
Bedford, NH (180,000 square feet; opened in 1966; 105 associates);
Essex Green Shopping Center, West Orange, NJ (93,000 square feet; opened in 1975; 101 associates). Note that this location was converted to a Macy's Backstage store.
Downtown Pittsburgh, PA (1,158,000 square feet; opened in 1946; 170 associates).
Store Openings

Five new Macy's and Bloomingdale's stores are currently planned and/or under construction, as previously announced.

New Macy's stores will be opening in:

Ka Makana Ali'i, Kapolei, HI (103,000 square feet; to open in fall 2016; approximately 180 associates).
Westfield Century City, Los Angeles, CA (a 155,000 square-foot store to open in spring 2017 to replace an older and smaller Macy's store in this very successful shopping center).
Fashion Place, Murray, UT (160,000 square feet; to open in spring 2017; approximately 150 associates).


New Bloomingdale's stores will be opening in:

Westfield Valley Fair Shopping Center, San Jose, CA (150,000 square feet; to open in fall 2017; approximately 250 associates).
The SoNo Collection, Norwalk, CT (150,000 square feet; to open in fall 2018; approximately 200 associates).
In addition, in the next two years, the company plans to open about 50 additional Macy's Backstage off-price locations (most of which will be inside existing Macy's stores), and about 40 freestanding Bluemercury beauty specialty stores.

Internationally, new Macy's and Bloomingdale's stores are planned to open in Al Maryah Central in Abu Dhabi, United Arab Emirates, in 2018 under license agreements with Al Tayer Group.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160106006637/en/

Source: Macy's, Inc.

[I-10east]

When it rains, it pours.

[JaxAvondale]

Macy's & Nordstrom have both taken a dive within the last year.

[mtraininjax]

Online sales crushed it this year, brick and mortar is slowly dying....

[spuwho]

Macy's growth will be international.

They have hundreds of "legacy" US stores as a hangover from the massive levels of consolidation they took on in the past 20 years.

Just a list of them is a whos who of regional retailers.

Bon Marche
Fredrick and Nelson
Marshall Fields
Maison Blanche
Burdines
Meier and Frank

I am sure there is a merger chart showing them all somewhere.

[jaxjags]

Also on that list is Lazarus stores in Ohio. Interesting too note is 3 stores in Hampton Roads area and 2 in Richmond.

[mtraininjax]

Macy's growth will be international.

In their dreams! My Discover Card gives me 5% off at all major retailers online all over the world. Macy's is one of them. The brick and mortar is dying, and Macy's has nothing over any other online store. Order from Macy's it takes 3 days.

Order from Amazon it takes an hour. Amazon will rule online. Macy's is dead, they just don't know it yet.

[tufsu1]

Macy's growth will be international.

In their dreams! My Discover Card gives me 5% off at all major retailers online all over the world.

I was not aware that the billions of people in countries like China, India, and Brazil could get a Dicover card.  Thanks for informing us