New York-based upscale retail chain Macy’s Inc. plans to close 66 underperforming department stores this year, including its store in the Silver Lake Mall, in Coeur d’Alene.
Macy's has released a list of 66 stores that will be closing over the next year or so as the chain fights declining sales - here's what's happening to their NJ stores.
Macy’s real estate assets, including the Herald Square location, are worth about $5 to $9 billion. Department store operator Macy’s said on Thursday it will close 66 “non-go-forward” store locations ...
Macy’s announced 66 stores will close this year as part of its Bold New Chapter plan, including closing about 150 underproductive stores that was announced last year over a three-year period.