Macy’s Store Closings: A Predictable Outcome

Now Reading
Macy’s Store Closings: A Predictable Outcome

  • Facebook
  • Twitter
  • LinkedIn

The Wall Street Journal reports on today’s announcement of Macy’s store closings throughout the country:

Macy’s this morning announced the closing of 11 stores, a move that came after a rough holiday season. Macy’s also said Thursday that same-store sales for December fell 4%, amid what it called “the most challenging economic environment in memory.

Here’s a list of the 11 Macy’s stores that are slated to close.

The closures represent a small proportion of Macy’s 860 total stores. Nevertheless, barring a miracle of credit or influx of mall-hungry tourists, the move probably preempts more closures.

Where will all the mall rats go now?

SEE ALSO:  Verizon Is Bringing Back Its Widely Hated Activation Fee, But For A Cheaper $20
About The Author
Drea Knufken
Drea Knufken
Currently, I create and execute content- and PR strategies for clients, including thought leadership and messaging. I also ghostwrite and produce press releases, white papers, case studies and other collateral.
Leave a response

Leave a Response