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Macy’s Closing Four More Department Stores

Stores are in California, Colorado, Hawaii and Maryland.




Macy’s Closing Four More Department Stores

Macy’s (New York) is set to shutter four more department stores in in the first quarter of 2023 as part of its ongoing Polaris transformation strategy, according to Retail Dive and several other news sources. The affected stores are in these malls:

  • Baldwin Hills Crenshaw Plaza; Los Angeles
  • Foothills Mall, Fort Collins, Colo.
  • Windward Center, Kaneohe, Hawaii
  • Lakeforest Mall, Gaithersburg, Md.

Macy’s, which also operates the Bloomingdale’s and Bluemercury flags, said in February 2020 that it expected to close around 125 stores – a fifth of its locations –as part of a three-year plan. That strategy includes “optimizing and repositioning” its store fleet to have a mix of mall and off-mall locations.

That includes opening of four off-mall/smaller format Market by Macy’s stores last year and its disclosure last week of plans to open its third smaller-format Bloomie’s store, in Seattle, after opening similar locales in Chicago and Virginia.

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It Was Time to Make a Decision. It Was Time to Call Wilkerson.

Except for a few years when he worked as an accountant, Jim Schwartz has always been a jeweler. He grew up in the business and after “counting beans” for a few years, he and his wife, Robin, opened Robin James Jewelers in Cincinnati, Ohio. “We were coming to a stage in our life where we knew we have to make a decision,” says Jim Schwartz. He and Robin wanted to do it right, so they called Wilkerson. The best surprise (besides surpassing sales goals)? “The workers and associations really care about helping us move out own inventory out of the store first. It was very important to us.”

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