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Store Closures

Business
Macy's To Close 150 Stores, Prioritize Luxury Brands Macy's To Close 150 Stores, Prioritize Luxury Brands
Macy's To Close 150 Stores, Prioritize Luxury Brands Macy's plans to close about 30 percent of its remaining stores over the next three years. The 150 closures will be at underperforming locations, with 50 planned for this year, the retailer announced on Tuesday, Feb. 27, unveiling what it is calling "A Bold New Chapter" strategy designed to return Macy’s profitability.  "It challenges the status quo to create a more modern Macy’s, Inc.," Tony Spring, chief executive officer of the company said in a statement. "We are making the necessary moves to reinvigorate relationships with our customers through improved shopping experiences, releva…

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by Joe Lombardi
Business
Here's When The Final Full-Service Maryland Sears Will Be Closing At Francis Scott Key Mall Here's When The Final Full-Service Maryland Sears Will Be Closing At Francis Scott Key Mall
Here's When The Final Full-Service Maryland Sears Will Be Closing At Francis Scott Key Mall One of the final full-service Sears locations in the country that still stands in Maryland is not long for this world and will soon be shut down, according to reports. Sears at the Francis Scott Key Mall in Frederick, one of the few active brick-and-motor locations still standing from the once-great department store giant, will reportedly be closing by mid-January as shoppers continue to strip what's left from the bare shelves. The closure date of Sunday, Jan. 15 was first announced by the Frederick News-Post, which reported that the store is sporting massive neon-colored signs stating: "Ev…

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by Zak Failla