Macy’s told employees at 45 locations that their stores would close in 2021, CNBC first reported. The closures are part of the plan the retailer announced back in February 2020 to close 125 stores by 2023, about one-fifth of total locations. At the time, Macy’s also announced that it would cut 2,000 corporate jobs.
Is Macy’s closing for good?
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.
What Macy’s locations are closing in 2021?
- Paradise Valley, AZ.
- El Cajon Parkway, CA.
- Hilltop, CA.
- Brass Mill Center, CT.
- Crystal Mall, CT.
- Port Charlotte Town Center, FL.
- Volusia Mall, FL.
- Greenbriar, GA.
Is JC Penney going out of business?
J.C. Penney, which filed for bankruptcy last year, plans to close 18 U.S. stores on May 16. … The retailer announced in May 2020 it planned to close almost 30% of its 846 stores as part of a restructuring under bankruptcy protection. Since then, 156 stores have permanently closed.
Is Toys R Us coming back?
Toys ‘R’ Us is no longer a thing of the past – the beloved toy store will be returning in 2022 with more than 400 locations inside Macy’s stores nationwide. Nearly all Toys ‘R’ Us locations in the U.S. closed in 2018 and the company liquidated most of its assets.
Is Nordstrom going out of business?
Here’s the list. Nordstrom plans to permanently close three Jeffrey designer stores, in addition to the 16 full-line department stores that it’s shutting down in Arizona, California, Colorado, Florida, New Jersey, Maryland, Oregon, Virginia, Texas, and Puerto Rico.
What states are closing jcpenney stores?
The closures include eight in California, nine in Ohio, nine in Indiana, nine in Florida, seven in Georgia, seven in New York, seven in Texas, six in Kentucky, six in Oklahoma, six in South Carolina, six in Tennessee.
Is Bloomingdales going out of business?
Macy’s store closings 2021: 36 Macy’s, 1 Bloomingdale’s to liquidate with most closing in spring. … Macy’s Inc., which also runs Bloomingdale’s and Bluemercury, identified the 36 namesake stores and one Bloomingdale’s expected to shutter by or before midyear. The company also listed nine stores that recently closed.