Thursday, January 08, 2009

macy s store closings

Say it ain't so Macy's So it ain't so. The greatest department store in history of man kind going down. The economy really is in the crapper if this is happening. Lets quit sending money over seas, pull our troops home and get this country built back up the way it should be. Who's with me, hopefully everyone.

As the Journal previewed Wednesday night, Macy’s this morning announced the closing of 11 stores, a move that came after a rough holiday season. Macy’s also said Thursday that same-store sales for December fell 4%, amid what it called “the most challenging economic environment in memory.” Here’s the list of the store locations Macy’s is closing:

– Ernst & Young Plaza (Citicorp Plaza), Los Angeles (135,000 square feet; 136 employees; opened in 1986)
– The Citadel, Colorado Springs, Colo. (195,000 square feet; 105 employees; opened in 1984)
– Westminster Mall, Westminster, Colo. (156,000 square feet; 110 employees; opened in 1986)
– Palm Beach Mall, West Palm Beach, Fla. (190,000 square feet; 71 employees; opened in 1979)
– Mauna Lani Bay Hotel, Island of Hawaii (3,000 square feet; 3 employees; opened in 1983)
– Lafayette Square, Indianapolis (160,000 square feet; 84 employees; opened in 1974)
– Brookdale Center, Brooklyn Center, Minn. (195,000 square feet; 72 employees; opened in 1966)
– Crestwood Mall, St. Louis (166,000 square feet; 176 employees; opened in 1969)
– Natrona Heights Plaza, Natrona Heights, Pa. (73,000 square feet; 124 employees; opened in 1956)
– Century III Furniture and Clearance, West Mifflin, Pa. (83,000 square feet; 3 employees; opened in 2000)
– Bellevue Center, Nashville, Tenn. (211,000 square feet; 76 employees; opened in 1990).

Macy said final clearance sales at the stores will begin within the next week, except for the Hawaii store, which will not hold a final sale.

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