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Macy's issues it's first round of closings involving roughly 125 stores nationwide and cutting 2000 corpirate jobs

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Macy's issues it's first round of closings involving roughly 125 stores nationwide and cutting 2000 corpirate jobs


USA Today

Charisse Jones USA TODAY
Posted February  06, 2020
February 07, 2020




Macy’s will close roughly 125 stores, a fifth of its locations, over the next three years.
After previously announcing that it would close 29 locations, Macy's said Tuesday that it will now shutter nearly 100 more.

The retailer also said that it is cutting about 2,000 positions , eliminating 9% of its corporate and support positions.

“We are making deep cuts that impact every area of our business,'' Macy's CEO Jeff Gennette said Wednesday during the retailer's Investors Day. "These changes are painful but they are necessary.''

Macy's, once the model of the luxury department store, has struggled to stay afloat during a time when Amazon has remade the shopping landscape and one time retail giants like Payless and Toys R Us are going out of business.

Macy's issues it's first round of closings involving roughly 125 stores nationwide and cutting 2000 corpirate jobs
Photo: USA Today

Macy's store closings
The retailer says that shutting weaker stores in lower-tier malls will enable it to focus on locations with stronger sales as well as its online operations.

Here’s an updated list of stores Macy’s previously revealed it was closing starting in 2020.

California
Antioch: Somersville Towne Center

San Diego: Horton Plaza Park

Connecticut
Meriden: Westfield Meriden

Byebye, Elsie the Cow? As Americans sour on milk, could these dairy brands disappear?

Florida
Miami: The Falls Mall (Bloomingdales)  

Pompano Beach: Pompano Citi Centre

Sanford: Seminole Towne Center

Vero Beach: Indian River Mall

Georgia
Decatur: The Gallery at South DeKalb

Macon: Macon Mall

Hawaii
Waikoloa Village: Kings’ Shops

Idaho
Lewiston: Lewiston Center Mall

Illinois
Carbondale: University Mall

West Dundee: Spring Hill Mall

Indiana
Muncie: Muncie Mall

Kansas
Prairie Village

Kentucky
Owensboro: Towne Square Mall

Maryland
Salisbury: The Centre at Salisbury

Massachusetts
Leominster: The Mall at Whitney Field

Montana
Helena: Helena Northside Center

New York
Commack
Hicksville: Broadway Commons

North Carolina
Winston-Salem: Hanes Mall

Ohio
Cincinnati: Northgate Mall

St. Clairsville: Ohio Valley Mall

Stow: Stow-Kent Plaza

Pennsylvania
Harrisburg: Harrisburg East Mall

State College: Nittany Mall

Tennessee
Goodlettsville: RiverGate Mall

Washington
Burlington: Cascade Mall

Seattle: Downtown

Walla Walla: Downtown

Follow Charisse Jones on Twitter @charissejones


 
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