Macy’s to close 4 tri-state locations in next few months

Stores in New York and Connecticut among those shutting doors

Tri-State /
Jan.January 07, 2021 11:35 AM
Macy’s at Sangertown Square in New Hartford (Google Maps)

Macy’s at Sangertown Square in New Hartford (Google Maps)

Macy’s may no longer be the “way to shop” for some residents of the tri-state area.

Four of the department store’s mall locations will close in the first quarter of 2021. Those stores are located in Sangertown Square in New Hartford, New York; White Plains Galleria in Westchester County, New York; Brass Mill Center in Waterbury, Connecticut; and Crystal Mall in Waterford, Connecticut.

Another location, in Commack, New York, shut its doors in the second quarter of 2020.

The retailer plans to shutter 37 locations across the United States by the middle of 2021, and will ultimately close 125 stores by 2023. And some of those are large properties: The brand is letting go of its 170,000-square-foot flagship along Chicago’s Magnificent Mile.

 

The closures are part of the brand’s larger efforts to consolidate stores as Macy’s shifts to smaller, off-mall locations and focuses on e-commerce. It will also open more fulfillment centers in order to accommodate online orders.

Department stores have struggled this year as pandemic-mandated lockdowns shuttered locations, mall foot traffic diminished and e-commerce trends accelerated. Macy’s rival JC Penney filed for bankruptcy, only to be saved later by Simon Property Group and Brookfield Asset Management.





    Related Articles

    arrow_forward_ios
    Target CEO Brian Cornell. (Getty)
    Internet, shminternet: Target adds, renovates stores as money pours in
    Internet, shminternet: Target adds, renovates stores as money pours in
    The comedy club argues that if SNL can operate, then they should be allowed to operate too. (Getty)
    Manhattan comedy club sues Cuomo over pandemic closures
    Manhattan comedy club sues Cuomo over pandemic closures
    (iStock)
    These were Manhattan’s best office submarkets in Q4
    These were Manhattan’s best office submarkets in Q4
    (iStock/Illustration by Alexis Manrodt for The Real Deal)
    Order up: Real estate investors line up to buy drive-throughs
    Order up: Real estate investors line up to buy drive-throughs
    Mayor Bill de Blasio (Getty, iStock)
    NYC to revive $17B in public construction projects
    NYC to revive $17B in public construction projects
    Houston House at 298 East 2nd Street and Matt Lee (Houston House, LinkedIn)
    Developer Matt Lee to auction off East Village condo
    Developer Matt Lee to auction off East Village condo
    (Getty)
    Hotel stocks went bonkers in February
    Hotel stocks went bonkers in February
    Homebuilding is largely responsible for the increase in construction spending. (Getty / Photo Illustration for The Real Deal)
    Construction spending hits new record in January
    Construction spending hits new record in January
    arrow_forward_ios

    The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

    Loading...