Macy's Announces Closings, But No Word Yet on Which Stores

By MARY ANN BARTON (Patch Staff)

Macy’s department store today announced plans to close 35 to 40 underperforming Macy’s stores – representing approximately 1 percent of the total Macy’s, Inc. sales – in early 2016.

Locations that will be closing will be announced at a later date. It’s not known whether the Manassas Mall location will be impacted.

“Each year, we prune some stores that are our weakest performers so that we can concentrate our resources on the best locations and maintain a strong physical presence,” said Terry J. Lundgren, Macy’s, Inc. chairman and chief executive officer.

The locations of the stores to be closed in early 2016 will be announced at a later date, once the company completes a careful analysis now under way and makes final decisions

Macy’s, Inc. today operates 770 Macy’s stores. Over the past five years (2010 through 2015 to date), 52 Macy’s stores have been closed and 12 new Macy’s stores have been opened. In addition, six new Macy’s Backstage offprice locations are opening in fall 2015.

The company will communicate its store closing decisions directly with the associates in those locations prior to a public announcement. Associates displaced by store closings may be offered positions in nearby stores where possible.

Earlier this year, J.C. Penney closed its Manassas Mall location.