The department store chain will close at least locations by the end of as it modernizes its retail footprint. At least 66 shutdowns will be completed by the end of January, and a staple store at a popular mall is part of the list. No official closure date has been confirmed as of yet. The Superstitions Spring Center location will likely be shuttered sometime after the end of January, given the current timeline Macy's has noted in its initiative.
Remaining anchor stores in the mall include JCPenney and Dillards. A Sears location also left the area in after it filed for Chapter 11 bankruptcy. Slowly but surely, several other Macy's stores nationwide have begun confirming closures as part of the full list of In Maplewood, Minnesota, about 15 miles east of downtown Minneapolis, a prominent Macy's said earlier this month that it would shut down in just weeks as liquidation sales begin.
Another Macy's in Salem, Oregon , also said it would close by the end of March. The original estimated closure count for the New Year was only 50 locations, but it was quickly increased during an earnings call in September to It was then upped again to 65 during a third-quarter earnings call but was recently confirmed to be 66, per Axios. Macy's has confirmed the 66 stores closing across 22 states over the next few weeks. The full list is included below:. Source: Axios.
As part of the Bold New Chapter plan, Macy's will remodel of the stores that remain after the mass closures. Additionally, it plans to open 30 of the new smaller-format locations, 15 new Bloomingdales, and 30 new Bluemercury stores by the end of Bold moves needed to be made for the department store chain after it's suboptimal sales performance recently, with an overall 2.
JCPenney shuttered at least four , with more planned for Kohl's also recently confirmed it would axe 27 locations. My Account. Sign in. News Real Estate Retail Tips. Jacob Willeford , Consumer Reporter. Most read in Money. Macy's Closures.
