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2013 January 4

Macy's Closes Six Stores; Sets New Retail Scene for 2013

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Macy's at Herald Square Macy's at Herald Square
Patrick McMullan
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(NEW YORK) Changes ahead on the department store front: Macy's is reconfiguring its retail layout for 2013 and beyond. The shopping giant is shuttering six stores this spring; the largest locations closing up shop will be in downtown Houston, Paseo Colorado in Pasadena, and a five-story store in St. Paul. Additionally, the Fashion Show Mall outpost in Las Vegas will pack it in along with its Belmont, Mass. location, as well as its downtown Honolulu site. As for the good news? Macy's will be opening up a fresh slew of noteworthy haute spots in the next two years. The list is long: the Shops at Summerlin and a men's store in the Fashion Show Mall; Mall at Bay Plaza in the Bronx, University Town Center in Sarasota, Fla.; Mall of Victor Valley in Victorville, Calif.; and Gurnee Mills in Gurnee, Ill.. If that isn't enough to pique your retail interest, the company will also be consolidating two Macy's at Ridgedale Center in Minnetonka, Minn. into a single 286,000 square feet structure in 2014. New year, new retail map!

 

 




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