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Rockaway Townsquare, also known as the Rockaway Mall, is a two-level super regional shopping mall in Rockaway Township, New Jersey which opened in 1977. It has a gross leasable area of 1,245,741 sq ft (115,733.1 m 2) [1] which includes Macy's, JCPenney, Raymour & Flanigan, and over 140 other stores. [2] [3] The mall is owned by Simon Property ...
Macy’s on Thursday said it will cut about 3.5% of its workforce and close five of its namesake mall locations as the legacy department store moves to trim costs and turn around slowing sales.
Macy's recently announced that 150 store locations will be closed by 2026. See what this could mean for NJ malls and our 25 Macy's locations. Macy's is closing 150 stores.
Macy's (originally R. H. Macy & Co.) is an American department store chain founded in 1858 by Rowland Hussey Macy.It has been a sister brand to the Bloomingdale's department store chain since being acquired by holding company Federated Department Stores in 1994, which renamed itself Macy's, Inc. in 2007.
On February 2, 2009, Macy's announced the elimination of 7,000 jobs, or 4% of its workforce, and slashed its dividend as it looked to lower expenses as part of a major restructuring. Cincinnati-based Macy's Inc. stated that the workforce reduction included positions in offices, stores, and other locations, and the cuts include some unfilled jobs.
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