Headlines

Macy’s Closing Four More Department Stores

Macy’s (New York) is set to shutter four more department stores in in the first quarter of 2023 as part of its ongoing Polaris transformation strategy, according to Retail Dive and several other news sources. The affected stores are in these malls:

  • Baldwin Hills Crenshaw Plaza; Los Angeles
  • Foothills Mall, Fort Collins, Colo.
  • Windward Center, Kaneohe, Hawaii
  • Lakeforest Mall, Gaithersburg, Md.

Macy’s, which also operates the Bloomingdale’s and Bluemercury flags, said in February 2020 that it expected to close around 125 stores – a fifth of its locations –as part of a three-year plan. That strategy includes “optimizing and repositioning” its store fleet to have a mix of mall and off-mall locations.

That includes opening of four off-mall/smaller format Market by Macy’s stores last year and its disclosure last week of plans to open its third smaller-format Bloomie’s store, in Seattle, after opening similar locales in Chicago and Virginia.

INSTORE Staff

Over the years, INSTORE has won 80 international journalism awards for its publication and website. Contact INSTORE's editors at editor@instoremag.com.

Recent Posts

Trade Show Safety Tips and Preparedness

Attendees and exhibitors must be ready and prepared for potential safety and loss risks that…

5 hours ago

Consumers Detail Memorial Day Shopping Plans

Higher prices not expected to put a damper on most celebrations.

8 hours ago

Bottom Line Marketing Now Offers AI-Driven Location Services & Custom Shopify Jewelry Websites

BLM uses the latest technology to spark growth for clients.

8 hours ago

Bottom Line Marketing Makes Moves in 2023

Ad agency appoints new leadership & offers full range of services.

8 hours ago

Las Vegas Jewelry Trends: Fringe and Mesh Sway With Tactile Movement

Necklaces and earrings take their cue from open weave textures and mesh for this trend.

8 hours ago

Want to Jumpstart Your Business Growth? Register for The Brain Trust Workshop

The full-day workshop featuring INSTORE columnists will take place August 12 in Rosemont, IL.

9 hours ago

This website uses cookies.