This iconic department store closes 40 other locations

After more than 160 years, this channel has announced another series of closures.

It is barely new to 2020 was a difficult year for retailers, but with commercial centers acted effectively for most of the calendar year, department stores felt an extra stitch, which is above From the largest shift in brick and mortar stores to online purchases. . Back in February 2020, Macy's announced the news that it had planned to throw 2,000 jobs and nearly 125 locations over the next two years, which represents about one-fifth of its stores at the time. Thirty locations were closed last year in the first phase of the closures as part of the plan of the restructuring and emergence society of a stronger position. This week, Macy's has announced that it closed 37 extra branches in the spring, including a Bloomingdale location and a Macy furniture gallery. Read it to see if your store is assigned, and for another store that is thinning, checkThis beloved house property chain closes more than 40 stores.

The majority of macyais reserved for closure are in shopping centers that have beenIn constant decline and have been particularly affected by the absence of not caused by COVID-19 and its associated locations.

"As previously announced, Macy's, Inc. is committed toThe authorization of our store fleet By concentrating our existing retail places in desirable and well betrayed shopping centers, "said Macy's in a statement toUnited States today On January 6 "" for this purpose, we announced several store closures today who align with the advice we provided in February 2020. These closures bring us closer to the achievement of the good mix of shops based on the shopping center. "

As CNBC explains, shopping centers classified as B, C and D Centersbring less sales by square foot a shopping center. "A A ++ shopping center could bring up to $ 1,000 square foot sales, for example, while a C + shopping center is about $ 320," he notes.

The complete list of the Macy's Furniture Gallery, Bloomingdale and Macysclosing was released on January 7 and extends to 19 states. These stores are planned to close at the end of the first quarter of Macy, which ends in April (with the exception of the Utah store, which should close mid-year, according toUnited States today)

Read it to find out if your Macy's or Bloomingdale is one of the new stores on the cutting block and for more information on the last one in detail, discoverThis lovely chain closes all its stores.

Read the original article onBetter life.