On Wednesday, Macy's Inc. listed 40 upcoming store closings. Of the 40, 36 will be closed in early spring 2016, consistent with the retailer's announcement in September 2015. The other four stores were closed in the final three quarters of 2015.
Some facts and figures about the closings:
- Number of States with Closings: 20
- State with Most Closings: Virginia with six
- Number of Properties Affected: 37 (Three properties have both Macy's main stores and secondary home or furniture stores closing)
- Total Size of Closed Stores: 6,235,000 sq. ft.
- Average Store Size: 155,875 sq. ft.
- Largest Store: The closed downtown Pittsburgh store contained 1,158,000 sq. ft.
- Smallest Store: The McKinley Mall home store in Blasdell N.Y. contains 31,000 sq. ft. The smallest Macy's on the closings list is a 40,000-sq.-ft. location at the Roseburg Valley mall in Roseburg, Ore.
- Oldest Store: The location at the Suburban Square mall in Ardmore, Pa., opened in 1930.
- Newest Store: The Shoppes at Stadium location in Columbia, Mo., opened in 2003.
- Store Associates Affected: 3,111
- Property Owners Affected: CBL & Associates operates four properties affected by the closings. Other owners with multiple properties affected include General Growth Properties (two), Madison Marquette (two) and Simon Property Group (three). Many owners have a single property affected.
In two cases—Westfield Century City in Los Angeles and Essex Green Shopping Center in West Orange, N.J.—the closed location is being replaced. At Westfield Century City a new, larger store is opening in 2017 and at Essex Green the store was converted to a Macy's Backstage store.
Click on the map below to find out more information about each closed location.