Macy’s has announced that it will be closing 125 of its stores over the next three years. These 125 represent one-fifth of its locations across the country.
The retailer is also cutting 2,000 positions that account for 9 percent of its corporate and support jobs.
Macy’s CEO Jeff Gennette had this to say on Wednesday about the changes coming to the company: “We are making deep cuts that impact every area of our business. These changes are painful but they are necessary.”
In recent years, online shopping has caused Macy’s to face very stiff competition with giants like Amazon which has forced a number of brick and mortar stores to go out of business.
Here’s a list of locations closing in 2020 by state:
Antioch: Somersville Towne Center
San Diego: Horton Plaza Park
Meriden: Westfield Meriden
Miami: The Falls Mall (Bloomingdales)
Pompano Beach: Pompano Citi Centre
Sanford: Seminole Towne Center
Vero Beach: Indian River Mall
Decatur: The Gallery at South DeKalb
Macon: Macon Mall
Waikoloa Village: Kings’ Shops
Lewiston: Lewiston Center Mall
Carbondale: University Mall
West Dundee: Spring Hill Mall
Muncie: Muncie Mall
Owensboro: Towne Square Mall
Salisbury: The Centre at Salisbury
Leominster: The Mall at Whitney Field
Helena: Helena Northside Center
Hicksville: Broadway Commons
Winston-Salem: Hanes Mall
Cincinnati: Northgate Mall
St. Clairsville: Ohio Valley Mall
Stow: Stow-Kent Plaza
Harrisburg: Harrisburg East Mall
State College: Nittany Mall
Goodlettsville: RiverGate Mall
Burlington: Cascade Mall
Walla Walla: Downtown
Do you think Macy’s will bounce back? Tell us in the comments below. You can also contact us for more information! Feel free to shoot us an email to Outreach@ConsiderTheConsumer.com. You can also find us on Twitter, Facebook, Instagram, LinkedIn, or even connect with us directly on our website!
Similarly, please check out our current list of Class Actions and Class Action Investigations, here.
Interested in articles like these? Become a subscriber below!
About the Author: Aisha K. Staggers is a writer, lecturer, political analyst and literary agent. She appears weekly for “Staggers’ State of Things” on the Dr. Vibe Show. Her work has been published by Paper Magazine, AfroPunk, The Spool, GREY Journal, MTV News, HuffPost, Blavity, Atlanta Blackstar, For Harriet, New York Review of Books and a host of other first-run publications and syndicated outlets. Find her on Twitter @AishaStaggers. For more of her work, check out her page here!