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The department store chain has announced plans to close approximately 150 stores across the country through 2026, including 50 locations this year alone. Macy's described the stores set to be ...
On Tuesday, Macy's announced its 2023 earnings, as well as plans to close 150 underperforming locations — including 50 by year-end. The company will be left with roughly 350 locations, or what ...
Macy's plans to close approximately 150 stores nationwide as part of a massive reorganization that will see it pivot to a greater focus on luxury sales.
Baldwin Hills Crenshaw Plaza (alternately BHCP) [1] is a shopping mall located in the Baldwin Hills neighborhood of Los Angeles, California. This was one of the first regional shopping centers in the United States built specifically for the automobile. Two anchor buildings, completed in 1947, retain their original Streamline Moderne style.
On January 4, 2023, it was announced that Macy's would be closed as part of a plan to close 4 stores nationwide, all inside underperforming indoor shopping malls. This left the mall with no anchors left, which basically turned it into a dead mall. The store closed on March 18, 2023 via liquidation sales that started on January 9, 2023.
The smaller stores are "a unique opportunity to target high-traffic shopping centers," Adrian Mitchell, Macy's chief operating officer, said in announcing the accelerated pace in October 2023.
Macy's Union Square. Coordinates: 37.78702°N 122.40738°W. Signage on oldest part of the store, O'Farrell and Stockton. Macy's Union Square (the location of the Macy's department store chain located on San Francisco 's Union Square) is one of the retailer's largest and oldest locations, long the flagship of Macy's California, then Macy's West.
The company is closing 150 underperforming stores — 50 by the end of 2024 and the other 100 over the next few years. By 2026, it will have just 350 Macy’s stores, the company announced.