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Macy’s to Close 150 Stores as Sales Slip and It Pivots to Luxury

Macy’s to Close 150 Stores as Sales Slip and It Pivots to Luxury

by The Associated Press | Feb 27, 2024 | Commercial & Industrial, CR Daily, Industry News

Macy’s will close 150 stores over the next three years and 50 by the end of 2024, the department store said Tuesday after posting a fourth quarter loss and declining sales.

Report: More Stores Close at Stamford Town Center

Report: More Stores Close at Stamford Town Center

by The Commercial Record | Aug 20, 2020 | Commercial & Industrial, CR Daily, Industry News

Even as current ownership markets the property for sale, shops continue to close at the Stamford Town Center Mall thanks to a wave of retail bankruptcies sweeping the nation.

Macy’s Plans to Close Westfield Meriden Anchor Store

Macy’s Plans to Close Westfield Meriden Anchor Store

by James Sanna | Jan 7, 2020 | Commercial & Industrial, CR Daily, Industry News

One of the Westfield Meriden Mall’s anchor stores will soon close.

Pier 1 Imports to Close Half of Stores as Sales Falter

Pier 1 Imports to Close Half of Stores as Sales Falter

by The Associated Press | Jan 7, 2020 | Commercial & Industrial, CR Daily, Industry News

Pier 1 Imports is closing nearly half its 942 stores as it struggles to draw consumers and compete online.

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