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Macy's Inc.

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Macy’s Closing 66 Stores Including 4 Locations In PA Macy’s Closing 66 Stores Including 4 Locations In PA
Macy’s Closing 66 Stores Including 4 Locations In PA Macy’s, Inc. confirmed on Thursday, Jan. 9, the closure of 16 stores across Virginia, New Jersey, New York, Massachusetts, and Maryland as part of its "Bold New Chapter" strategy. The closures are among 66 Macy’s locations set to shutter nationwide, a move designed to return the company to "sustainable, profitable sales growth." The stores closing in these states include: Virginia Southpark Mall Pennsylvania Logan Valley Mall Exton Square Mall Wyoming Valley Mall Philadelphia Center City Store in the Wanamaker Building New Jersey Essex Green Shopping Center New York Lake Success Melv…

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by Jillian Pikora
Business
Macy’s Closing 4 PA Locations Including Wanamaker Center City Philly Store Macy’s Closing 4 PA Locations Including Wanamaker Center City Philly Store
Macy’s Closing 4 PA Locations Including Wanamaker Center City Philly Store Macy’s, Inc. confirmed Thursday, Jan. 9, that its Center City Philadelphia store in the historic Wanamaker building will close, along with three other Pennsylvania locations, as part of the company's nationwide "Bold New Chapter" strategy. The Wanamaker building store at 1300 Market Street will shut its doors permanently, along with Macy’s locations at: Logan Valley Mall Exton Square Mall Wyoming Valley Mall These closures are part of Macy’s plan to eliminate 150 "underproductive stores" over three years, allowing the retailer to focus resources on 350 "go-forward" locations nationwide, …

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by Jillian Pikora