In 2020, Macy's closed about 30 locations. Lima, OH 35. Richland Mall, OH 21. Hyatt Regency (Maui), HI 10. Commons at Federal Way, WA 30. Golden Triangle, TX 25. Northtown, WA31. Macy’s has not released a full store closure list. Sangertown Square, NY 18. The Avenue Carriage Crossing, TN 23. Why trust us? Macy's is closing dozens of department stores this year. Marlow Heights, MD14. Macy's Closing More Stores, 17 VA, DC Locations Threatened - McLean, VA - The latest Macy's store closures comprise one-fifth of the iconic retailer's locations. Macy's Reportedly Will Close 45 Stores by Mid-2021. Water Tower Place, IL 12. Tri-County Mall, OH 22. We may earn commission from links on this page, but we only recommend products we back. Southwest Plaza, CO*9. This is in addition to the 3,900 corporate and management layoffs from last summer, as stated in a news release from last June. Port Charlotte Town Center, FL 7. You may be able to find more information about this and similar content at piano.io, What to Buy During Sur La Table's Cookware Sale, The Best Products of 2020, Ranked by Our Experts, 18 Things Our Readers Couldn't Stop Buying in 2020, Check Out Amazon's Work & Learn From Home Sale, 15 Stores That Offer Same-Day Pickup This Holiday, Amazon's Having a Huge Roomba Sale Right Now, Buy an Instant Pot for Under $100 on Amazon Now. Author: Vidhi Choudhary Publish date: Jan 5, 2021 … Mall owners like Simon Property Group and Macerich have been tasked with filling a plethora of empty spaces. Harrisburg, PA 7. Volusia Mall, FL 8. Macy's currently operates 544 of its namesake department stores, along with 34 Bloomingdale's locations, 19 Bloomingdale's outlets and 166 Bluemercury shops, according to its website. Macy's is closing dozens of department stores this year. Greenbriar, GA 9. (See a full list of the closing stores and recently closed locations below.) Dover Mall, DE**Macy's has closed these locations to in-store shopping and has converted them into fulfillment centers. Macy's shoppers can expect to make fewer trips to the mall in the near future. The closures by Macy's will add to the glut of retail real estate that has gone back on the market in recent years, pummeling landlords. News of Macy's store closings means that nearly one-fifth of the brand's total stores … Great Lakes Mall, OH 20. Post Oak Mall, TX 26. Rolling Oaks, TX 28. Macy's told employees at 45 locations that their stores would close in 2021, CNBC first reported. Liquidation sales have already started at some of the locations that are closing. Vista Ridge Mall, TX 29. Jan 5, 2021 3:18 PM. As part of its restructuring plan, Macy's will be permanently closing these department stores in 2021. In turn, the company has said it plans to focus on investing in the best malls across the United States and grow off-mall. Now, an estimated 45 Macy’s locations will be closing as soon as the middle of 2021. Old Hickory Mall, TN 24. Department store retailer Macy’s Inc. is closing 68 stores, including two in Virginia, and eliminating more than 10,000 jobs after a disappointing holiday shopping season. Sign up for free newsletters and get more CNBC delivered to your inbox. It's important to note that the following store closures have always been a part of the company's plan — well before the pandemic. Bruce Leighty | Photolibrary | Getty Images, Sephora partners with Kohl's to open mini shops in 850 stores, a previously announced plan by Macy's to shut 125 locations by 2023, filed for Chapter 11 bankruptcy protection. Macy's store closings 2021: 36 Macy's, 1 Bloomingdale's to liquidate with most closing in spring. A list of closing stores was unavailable Tuesday. CONNECTICUT — Two Macy's stores in Connecticut have been designated for closure as the department store icon embarks on further roster cuts in 2021. Crystal Mall, CT 6. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. West Park Mall (MO), MO 17. Note: This list will be updated as more store closures are announced. Macy’s stock was up roughly 3% on Wednesday following the news regarding store closures. Macy's is closing dozens of department stores this year, in a bid to move out of underperforming malls and trim a real estate empire that isn't as valued as it once was. The rest are slated to start later this month. Get the full list of locations shutting their doors this year. As the Associate Lifestyle Editor for GoodHousekeeping.com, Amanda oversees gift guides and covers home, holidays, food, and other lifestyle news. Monterey, CA (Furniture)32. Woodfield, IL (Furniture)4. Cambridgeside, MA 34. Macy's joins a growing list of department store chains that are closing stores nationwide. Find out if your Macy's store is shuttering this year. The “why” is complicated, but essentially the success of department stores like Macy’s is tied to the performance of the malls that they’re in. Here is the full list of stores slated to close by the end of Macy’s first quarter, which ends April 30, 2021. Park Place, AZ 2. Paradise Valley, Arizona; El Cajon Parkway, California; Hilltop, California NEW YORK (Reuters) — Department store operator Macy’s Inc said on Tuesday it would close about 45 stores this year as part of its three-year plan to lower store count in order to focus on its more productive outlets. Paradise Valley, AZ 2. The company’s stock is down 40% over the past 12 months, and down 50% over the last three years. cut an additional 2,000 jobs in the next three years, Macy's Is Closing 100 of Its Department Stores, Kmart Is Closing 64 More Stores Across the Country, Sears and Kmart Are Closing 63 More Stores, These Stores Will Be Closed on Thanksgiving, More Sears and Kmart Stores Are Closing This Fall, Port Charlotte: Port Charlotte Town Center, Collierville: The Avenue Carriage Crossing. All of the stores listed below are set to close by April 30, with the exception of the Macy's at South Towne Center in Utah, which will close mid-year. The closures, first reported by CNBC on Tuesday, are part of a previously announced plan by Macy's to shut 125 locations by 2023, which the retailer outlined last February. As many as 45 stores could close this year, company officials said this week. But now, Macy's is forging ahead and closing 45 more stores in the year ahead in hopes to try out smaller store formats and only have a presence at top-tier malls, as noted by CNBC. How to Best Alleviate COVID-19 Symptoms at Home, These Reusable Grocery Bags Make Shopping a Breeze, How to Read the 'Bridgerton' Books in Order, These Bed Bath & Beyond Stores Are Closing, This content is created and maintained by a third party, and imported onto this page to help users provide their email addresses. 1. Lloyd Center, OR36. On Wednesday, Macy's officials confirmed Waterbury and Waterford are on the closure list. The closures are part of the plan the retailer announced back in February 2020 to close … Sioux Falls has a Macy’s store located in the Empire Mall. Macy’s Inc. is moving forward with plans to shutter 45 stores this year, continuing its previously announced goal of eliminating a total of 125 outlets … Macy's closing 45 more stores in 2021 as part of its restructuring. © 2021 CNBC LLC. Got a confidential news tip? Get this delivered to your inbox, and more info about our products and services. And well, it’s not been a great time for malls. By Khristopher J. Brooks January 6, 2021 / 7:22 AM / MoneyWatch Retail giant Macy's announces massive cuts . As result, Macy's plans to be "a smaller company for the foreseeable future.". Good Housekeeping participates in various affiliate marketing programs, which means we may get paid commissions on editorially chosen products purchased through our links to retailer sites. White Plains Galleria, NY 19. Macy's chief executive Jeff Gennette laid it all out in a news release last summer: He wrote that although the pandemic has "significantly impacted our business," they still "anticipate a gradual recovery of business." Get the complete list of Macy's stores closing in 2021, along with information about the department store chain's three-year plan to close 125 locations in total. Stores closing in 2020: Up to 1,200. Grand Teton Mall, ID 11. Santa Monica, CA (Bloomingdale's)37. Macy's stores closing 2021: See the locations liquidating this spring. Macy's Closing 3 Ohio Stores In 2021 - Across Ohio, OH - The brand will shutter at least three of its Ohio locations in 2021. Macy’s will close 37 stores in the first half of 2021, four of which are located in malls in New York and Connecticut. Rivercenter, TX 27. The pressures have been too much for some to handle: Two mall owners — CBL and Pennsylvania Real Estate Investment Trust — filed for Chapter 11 bankruptcy protection in November. As of right now, Macy's has only released a list of store closings for the first quarter of 2021. In 2020, retail businesses from boutique apparel chains to department store operators announced more than 11,000 closures, according to tracking from the real estate firm CoStar Group. Some of the liquidation sales have already started, but most are expected to start in late January and will run for eight to 12 weeks. The department store chain is getting out of the dumpiest malls in the first wave of its plan to close 125 stores. Commack, NY 5. In 2020, they closed 29 stores (28 Macy's and one Bloomingdale's) across the country, per CNBC. El Cajon Parkway, CA 3. On top of that, the company is expected to cut an additional 2,000 jobs in the next three years, about 9% of its corporate and support positions. Winter Haven, FL 33. Paradise Valley, Arizona El Cajon Parkway, California This is in addition to the roughly 30 stores the retailer closed in 2020. Brass Mill Center, CT 5. See which DC … Eastland, OH (Furniture Clearance)6. Macy’s closed 29 stores in 2020, putting the company at roughly 540 locations by the end of the year. College Mall, IN 13. MENTOR, OH — Macy's will close three locations in Ohio in 2021, according to USA Today. We will update this story with a full rundown of Macy’s stores closing as the information is made public. The closures are part of a previously announced plan by Macy's to shut 125 locations by 2023, which the retailer outlined last February. Still another 80 Macy’s stores are slated to close through 2023, CBS reported. Independence Center, MO 15. Macy's has notified employees at roughly 45 of its department stores that the locations will shut down later this year. Data is a real-time snapshot *Data is delayed at least 15 minutes. Medinah Temple, IL (Bloomingdale's) 8. GNC, which has been selling nutrition and diet products since 1935, is slimming down in a big way. Macy’s has announced it will be closing 45 more stores in 2021 … We want to hear from you. Northpark Mall, MO 16. South Towne Center, UT. A Division of NBCUniversal. Another 45 Macy's stores are expected to close by the middle of the year, CNBC reported Tuesday. All Rights Reserved. Oakbrook, IL (Furniture)3. Here is the full list of stores slated to close by the end of Macy’s first quarter, which ends April 30, 2021. After the two closings, Macy's will still operate nine stores in Dallas-Fort Worth in 2021 including this one at Town East Mall in Mesquite. The legacy retail giant just announced plans to close 125 stores—a move that will go into effect over the next three years. UPDATED: Many retail stores and malls have closed temporarily due to COVID-19. Macy's has notified the employees at about 45 of its department stores that they will close by the middle of this year, CNBC has learned. WATERBURY, CT– Customers make their way into the Macy store at the Brass Mill Center in Waterbury on Wednesday. The vitamins and supplements retailer has filed for Chapter 11 bankruptcy and says it will close 800 to 1,200 of its stores. Here's the full list of Macy's stores expected to close this year: 1. See the list. While their business has certainly been impacted by the coronavirus, Macy's remains hopeful about the future unlike other major competitors, including Neiman Marcus, Lord & Taylor, and JCPenney, who filed for Chapter 11 bankruptcy in 2020. Even before the coronavirus pandemic resulted in temporary store closures and corporate layoffs, Macy's, Inc., who also owns Bloomingdale's and Blue Mercury, announced its plans to permanently close nearly one-fifth of its store locations over the next three years, roughly 125 stores in total. The closures are part of a previously announced plan by Macy's to shut 125 locations by 2023, which the … Under the leadership of CEO Mark Tritton, who joined Bed Bath & … Macy's reportedly is closing 45 stores and has begun liquidation sales at some locations. In late October, company officials said the 200 stores are expected to close by the end of the 2021 fiscal year. CALIFORNIA — Macy's plans to close three dozen stores nationwide in 2021, including two in California, according to multiple reports. Hilltop, CA 4. (Ben Torres / Special Contributor) By Maria Halkias

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