Macy’s confirms another beloved mall location will close down in weeks as signs reveal liquidation sales up to 60%

Macy’s confirms another beloved mall location will close down in weeks as signs reveal liquidation sales up to 60%

Tech


MAKY's confirmed the closure of one of its stores, as sites throughout the country suffer from a mass closure.

The retail giant was set to close 66 stores in 2025.

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The closure is part of the brand plans to close 150 stores before the end of 2026Credit: Getti

The MACY's Department Store is scheduled to be closed at Macey at the KitsAP Center in Silverdale, Washington – 35 miles outside Seattle -.

A publication released on the “Retail Dead or Alive” page on Facebook showed a picture of the store interface, with a surplus of “closing” signs.

Some sales signs have been announced at a 60 % discount.

An Sharh Post stated that the store will be closed on March 23.

Read more in the closing of the store

The closures are part of the company's “new bold” strategy, which was announced in February 2024.

The three -year plan includes reducing the size of the company 350 for the company to about 200 sites at about 20026.

“Closing any store is never easy, but as part of the new bold separation strategy, we are closing the irregular MACY store to allow us to focus our resources and set the priorities of investments in our stores, where customers already respond positively to improve the product and Tony Spring, CEO of MACY said. In a press release: “offers and high service.”

In addition to the Silverdale store, two other branches are scheduled to close in Washington in Seattle, in Redmond and South Hill.

Messi currently has 15 locations in Washington State.

The New York -based retail dealer, “a reliable source of quality brands”, according to its website.

Messi's reducing

The new bold separation strategy will witness 150 MACY stores that will get the ax by the end of the fiscal year in 2026.

The plan includes renewing and modernizing the current stores, and paying its best performance.

The sites are set to close in 8 to 12 weeks, according to Axios.

The sites are scheduled to be closed across 22 states and many major cities.

In addition, the company plans to invest in its portfolios in Bloomingdale's and Bluemercury Store.

It plans to open about 30 new MACY, 15 Bloomingdales, and 30 Bluemercury stores as part of the new bold separation plan.

“We are making the necessary moves to stimulate relations with our customers through improved, relevant and relevant shopping experiences,” said Spring.

Read more about closing the store

Other retailers are fixed to collective closure, as retail companies are struggling to compete with online shopping.

Joann Fabrics recently announced plans to close 500 stores after financial problems, and two separate bankruptcy files.

Meanwhile, Quiksilver, Billabong and Volcom started closing all 122 retail sites in the United States, due to poor management of its operating company.

In addition, Kohl announced that it was closing 27 stores across the United States in a “difficult but necessary” move, according to its CEO.



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