Macy’s will be closing 40 of its 770 department stores throughout the country and laying off 4,800 workers after a disappointing 2015 holiday season.
America’s largest department store chain announced in a press release yesterday that they will be enacting cost-efficiency measures by cutting 2,110 jobs at the staffing level at existing stores and 2,710 jobs from store closures. Macy’s Inc, which also owns upscale Bloomingdale’s, plans to cut $400 million in annual costs from store closures after seeing an increase in online and mobile spending during the holidays.
Final clearance sales at Macy’s stores scheduled to close by spring 2016 will begin Monday, Jan. 11 and run for eight to 12 weeks. Final clearance sales have already begun at stores in Westfield Century City, North Dekalb Mall and Roseburg Valley Mall.
The list of stores can be found below:
- Irvine Spectrum, Irvine, CA (opened in 2002; 112 associates);
- Country Club Plaza, Sacramento, CA (opened in 1961; 111 associates);
- Westfield Century City, Los Angeles, CA (opened in 1976; 108 associates). Note that this store will be closed in January 2016 and replaced with a new, larger store to open in this same shopping center in spring 2017;
- Enfield Square main store, Enfield, CT (opened in 1971; 84 associates);
- Enfield Square furniture/home/men’s store, Enfield, CT (opened in 1971; 20 associates);
- North DeKalb Mall, Decatur, GA (opened in 1965; 89 associates);
- Kailua, HI (opened in 1946; 57 associates);
- Palouse Mall, Moscow, ID (opened in 1979; 47 associates);
- Northwoods Mall, Peoria, IL (opened in 1985; 62 associates);
- Cortana Mall, Baton Rouge, LA (opened in 1976; 108 associates);
- Valley Mall, Hagerstown, MD (opened in 1999; 59 associates);
- Berkshire Mall, Lanesborough, MA (opened in 1994; 58 associates);
- Eastfield Mall, Springfield, MA (opened in 1994; 71 associates);
- The Shoppes at Stadium, Columbia, MO (opened in 2003; 81 associates);
- Middlesex Mall, South Plainfield, NJ (opened in 1976; 69 associates);
- McKinley Mall main store, Buffalo, NY (opened in 1989; 65 associates);
- McKinley Mall home store, Buffalo, NY (opened in 1989; 10 associates);
- Arnot Mall, Horsehead, NY (opened in 1995; 79 associates);
- Hudson Valley Mall, Kingston, NY (opened in 1995; 72 associates);
- Eastern Hills Mall, Williamsville, NY (opened in 1971; 80 associates);
- Cary Towne Center, Cary, NC (opened in 1991; 63 associates);
- Chapel Hill Mall, Akron, OH (opened in 1967; 91 associates);
- Midway Mall, Elyria, OH (opened in 1990; 64 associates);
- Quail Springs Mall, Oklahoma City, OK (opened in 1986; 87 associates);
- Pony Village Mall, North Bend, OR (opened in 1980; 54 associates);
- Roseburg Valley Mall, Roseburg, OR (opened in 1980; 59 associates);
- Suburban Square, Ardmore, PA (opened in 1930; 74 associates);
- Century III Mall, West Mifflin, PA (opened in 1979; 101 associates);
- Ridgmar Mall, Ft. Worth, TX (opened in 1998; 92 associates);
- Chesapeake Square, Chesapeake, VA (opened in 1999; 69 associates);
- Virginia Center Commons, Glen Allen, VA (opened in 1993; 81 associates);
- Peninsula Town Center, Hampton, VA (opened in 1977; 109 associates);
- Military Circle Mall, Norfolk, VA (opened in 1976; 95 associates);
- Regency Square main store, Richmond, VA (opened in 1990; 100 associates);
- Regency Square furniture/home/men’s store, Richmond, VA (opened in 1990; 35 associates);
- Downtown Spokane, Spokane, WA (opened in 1947; 94 associates).
Macy’s stores closed in the final three quarters of 2015 (previously announced):
- Owings Mills Mall, Owings Mills, MD (opened in 1986; 90 associates);
- Bedford, NH (opened in 1966; 105 associates);
- Essex Green Shopping Center, West Orange, NJ (opened in 1975; 101 associates). Note that this location was converted to a Macy’s Backstage store.
- Downtown Pittsburgh, PA (opened in 1946; 170 associates).