Search Results for: competition

Macy’s has announced the closure of some of its stores, 66 in total, to improve declining sales and get rid of under-producing stores. By monitoring the progress of each store, this closure is a way to maximize their profit and focus their resources on the most important locations. Due to the rise of online shopping apps and other large stores that are faster and less expensive, Macy’s is losing more customers. However, these challenges are not peculiar to Macy’s alone, as other companies, including Sears and JCPenney, are also experiencing similar problems, with some even going bankrupt. Macy’s declining sales Macy store/Wikimedia Commons In February 2023, Macy's opened up about its plan to close 150 stores that were not performing well by the end of 2026 as it would help them focus on stores that are bringing profits, hence attracting more customers and improving the shopping experience of their customers. Although Macy’s is closing due to a number of reasons, including declining sales as a result of the smaller department store chain and competition from big stores, the company will begin a clearance sale this January, and it will run for 8 – 12 weeks. The stores will be open to attend to customers coming in during this period. Meanwhile, other stores not marked for closure will continue to operate smoothly. Here is a list of stores to be closed: Arizona Macy's store closure Mesa: Superstition Springs Center, 6535 E Southern Ave. California Macy's closing stores Chula Vista: Otay Ranch Town Center, 2015 Birch Road Citrus Heights: Sunrise Mall, 6000 Sunrise Mall Corte Madera: Village at Corte Madera, 1400 Redwood Highway Los Angeles: Downtown LA Plaza, 750 W 7th St. Newark: NewPark Mall, 200 Newpark Mall Sacramento: Downtown Plaza, 414 K St. San Diego: Mission Valley Home, 1555 Camino De La Reina San Mateo Hillsdale Furniture: 2838 South El Camino Westminster: Westminster Mall, 300 Westminster Mall Colorado Macy's closing stores Centennial Southglenn Furniture: 6797 South Vine Street (already closed) Denver: The Shops at Northfield, 8298 E Northfield Blvd. Macy's Florida closing stores Altamonte Springs Furniture: 820 West Town Parkway Boca Raton Furniture: 9339 Glades Rd (already closed) Boynton Beach: Boynton Beach Mall, 801 N Congress Ave Fort Lauderdale Furniture: 4501 N. Federal Highway Pembroke Pines Furniture: 13640 Pines Blvd. Sarasota: Westfield Siesta Key, former Southgate Mall, 3501 S Tamiami Trail South Dade Furniture: 13251 South Dixie Highway (already closed) Tampa: West Shore Plaza, 298 Westshore Plaza Georgia Macy's closing stores Duluth Furniture: Gwinnett Furniture, 3360 Ventura Parkway Duluth: Gwinnett Place Mall, 2100 Pleasant Hill Road Suwanee Market by Macy's: Johns Creek Town Center, 3630 Peachtree Parkway Idaho Macy's closing store Coeur d'Alene: Silver Lake Mall, 200 W Hanley Ave. Illinois Macy's store closure Springfield: White Oaks Mall, 104 White Oaks Mall Louisiana Macy's closing store Lafayette: Acadiana Mall, 5733 Johnston St. Macy's Maryland stores closing Bel Air: Harford Mall, 600 Baltimore Pike Baltimore: Security Square Mall, 6901 Security Blvd. Macy's Massachusetts store closure Kingston: Kingston Collection, 101 Kingston Collection Way Michigan Macy's closing stores Flint: Genesee Valley Center, 4600 Miller Road Sterling Heights: Lakeside Mall, 14200 Lakeside Circle Traverse City: Grand Traverse Mall, 3400 S Airport Road W Troy: Oakland Mall, 500 W 14 Mile Road Minnesota closing Macy's stores Burnsville: Burnsville Center, 14251 Burnhaven Drive Maplewood: Maplewood Mall, 3001 White Bear Ave. Missouri Macy's closing stores Kansas City: Metro North Mall, 400 NW Barry Road St. Louis: South County Center, 10 S County Center Way Macy store/Pexels Macy's New Jersey store closing West Orange: Backstage Essex Green Shopping Center, 495 Prospect Avenue West Macy's New York closings Brooklyn Downtown: 422 Fulton St. Brooklyn: Backstage Sheepshead Bay: 2027 Emmons Ave. Bronx: Backstage Fordham Place, 404 East Fordham Road Elmhurst: Backstage Queens Place, 88-01 Queens Blvd. Huntington: Melville Mall, 834 Walt Whitman Road New Hyde Park: Backstage Lake Success, 1526 Union Turnpike Massapequa: Sunrise Mall, 400 Sunrise Mall Rochester: Greece Ridge Center, 397 Greece Ridge Center Staten Island Furniture: 98 Richmond Hill Road Ohio Macy's closing stores Beavertown: Fairfield Commons, 2727 Fairfield Commons Blvd. Toledo: Franklin Park, 5001 Monroe St. Oregon closing Macy's stores Hillsboro: The Streets of Tanasbourne, 2055 NE Allie Ave. Salem: Salem Center, 400 High St. NE Pennsylvania Macy's closing stores Altoona: Logan Valley Mall, 5580 Goods Lane Exton: Exton Square, 245 Exton Square Mall Philadelphia: Center City, 1300 Market St. Wilkes Barre: Wyoming Valley Mall, 59 Wyoming Valley Mall Tennessee Macy's store closure Memphis: Oak Court, 4545 Poplar Ave. Texas Macy's store closings Dallas Market by Macy's: Southlake Town Square, 321 State Street Flower Mound Market by Macy's: Highlands of Flower Mound, 6101 Long Prairie Road Fort Worth Market by Macy's: West Bend, 1751 River Run Houston: Almeda Mall, 100 Almeda Mall Plano: The Shops at Willow Bend, 6209 W Park Blvd. Fairview: Village at Fairview, 201 Stacy Road Macy's store/WikimediaCommons Virginia Macy's store closing Colonial Heights: Southpark Mall, 170 Southpark Circle Washington Macy's closing stores Puyallup: South Hill Mall, 3500 S Meridian Redmond Furniture: 15340 NE 24th Street Siverdale: Kitsap Mall, 10315 Silverdale Way NW It's sad that some customers who live near the stores that are marked for closure might miss Macy's experience; however, the store has promised that shoppers will still be able to purchase their favorite at other available stores as they are prioritizing customers' experience and rebranding their existing stores.