Macy's Closing 45 More Stores In 2021
NEW YORK (CBS) -- Macy's is closing 45 more stores in 2021. The company said it expects to shut down several locations as part of its "right-sizing" plans.
"These closures bring us closer to achieving the right mix of mall-based stores," Macy's said in a statement.
The Macy's at CambridgeSide closed for good in December.
There are 15 Massachusetts Macy's locations and four in New Hampshire.
Here is the full list of stores slated to close by the end of Macy's first quarter, which ends April 30, 2021.
- Paradise Valley, Arizona
- El Cajon Parkway, California
- Hilltop, California
- Brass Mill Center, Connecticut
- Crystal Mall, Connecticut
- Port Charlotte Town Center, Florida
- Volusia Mall, Florida
- Greenbriar, Georgia
- Hyatt Regency (Maui, Hawaii)
- Grand Teton Mall, Idaho
- Water Tower Place, Illinois
- College Mall, Indiana
- Independence Center, Missouri
- Northpark Mall, Missouri
- West Park Mall, Missouri
- Sangertown Square, New York
- White Plains Galleria, New York
- Great Lakes Mall, Ohio
- Richland Mall, Ohio
- Tri-County Mall, Ohio
- Marlow Heights, South Carolina
- The Avenue Carriage Crossing, Tennessee
- Old Hickory Mall, Tennessee
- Golden Triangle, Texas
- Post Oak Mall, Texas
- Rivercenter, Texas
- Rolling Oaks, Texas
- Vista Ridge Mall, Texas
- Commons at Federal Way, Washington
- Northtown, Washington
Macy's announced in 2020 that it would be closing 125 stores in "lower tier malls." Eighty more stores are expected to close in 2022 and 2023.
CBS News reported that Macy's saw $91 million in losses in its most recent earnings compared to the same period in 2019.