Macy’s department store to close 36 locations, 2 in Dallas-Fort Worth
Department store chain Macy’s is experiencing a wave of store closures in the first quarter of 2021, including five in Texas, two in the Dallas-Fort Worth area, Denton and Lewisville.
According to USA Today, Macy’s, Inc., which also operates Bloomingdale’s and Bluemercury, has released a list of 36 stores that are expected to close in mid-2021. They also include a Bloomingdale. Nine other stores recently closed, none in Texas.
Fortune magazine said most closings are in “weak malls that shoppers have long since defected,” and that Macy’s is looking to its best stores in malls with taller stores in addition to the e-commerce store’s new, smaller store format Caliber will focus that it is currently testing. They opened one such 20,000 square foot store in Southlake in February, which is smaller than the usual 100,000 square feet. The opening turned out to be out of time given the virus.
The liquidation sale is expected to begin in January and last between 8 and 12 weeks. Some have already started.
The full list of Texas stores slated to close by April 30th includes:
Golden Triangle in Denton
Vista Ridge Mall in Lewisville
Post Oak Mall in College Station
River center in San Antonio
Rolling Oaks in San Antonio
Other Macy’s include Arizona, California, Connecticut, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Missouri, New York, Ohio, South Carolina, Tennessee, and Washington state.
Like all retail outlets, Macy’s has been hit by COVID-19, with company-wide temporary closings in March, followed by a few reopenings in May.
Macy’s plans to close a total of around 125 stores in more than 750 locations, including Macy’s, Bloomingdale’s, and Bluemercury.