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Macy's expects a similar hit of $50 million for employee termination charges in the current fiscal year. It said about 50 stores would close in 2024, with the balance to shut down over the next ...
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 ...
In a statement obtained by NBC on Tuesday, San Francisco Mayor London Breed said she had learned that Macy's 400,000 square-foot flagship location in the city's Union Square will eventually be ...
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.
This isn't the first time Macy's has announced unfortunate news about store closings in recent years. The department store chain has closed roughly 300 stores since 2015, including closing 45 Macy ...
542,475 sq ft (50,397.6 m 2) [1] No. of floors. 1 (2 in the former Macy's) Website. shopoldhickorymall .com. Old Hickory Mall is an enclosed shopping mall in Jackson, Tennessee. It is managed by CBL & Associates Properties. It opened as an open-air shopping center in 1967. The anchor stores are Belk and JCPenney; two other anchor spaces are vacant.
Southland Mall. Southland Mall is a regional shopping mall in the Whitehaven neighborhood of South Memphis, Tennessee. It was built in 1966, becoming the first enclosed mall in the Mid-South. It is managed and owned by Namdar Realty Group. There are over 60 stores. There are two vacant anchors last occupied by Macy's and Sears .
Macy's Inc., the iconic New York City-based department store chain and sponsor of its namesake Thanksgiving parade, plans to close 150 stores over the next three years.
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