CALIFORNIA — Macy's plans to close three dozen stores nationwide in 2021, including two in California, according to multiple reports.
The California stores slated for closure are at Hilltop Mall in Richmond and Parkway Plaza in El Cajon, according to USA Today. Macy's is also the parent company of Bloomingdale's, and plans to close its store in Santa Monica.
Macy's said the Richmond closure would happen between March 14-27, and some 133 employees would be laid off, according to Mayor Tom Butt.
Macy's announced earlier this year that it would right-size in response to the coronavirus pandemic, which hit retailers hard. Macy's in particular has reported a 20 percent quarterly decline in same-store sales. Plans include closing 125 large department stores in favor of smaller stores under 20,000 square feet, Forbes reported in September.
That's in addition to more than 100 stores the retailer has shuttered since 2015.
"close" - Google News
January 08, 2021 at 04:09AM
https://ift.tt/3hPSxRK
Macys To Close California Stores In 2021 - Patch.com
"close" - Google News
https://ift.tt/2QTYm3D
https://ift.tt/3d2SYUY
Bagikan Berita Ini
0 Response to "Macys To Close California Stores In 2021 - Patch.com"
Post a Comment