Macy’s 2020

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storewanderer
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Re: Macy’s 2020

Post by storewanderer » February 12th, 2020, 9:51 pm

This is a listing of the designated "neighborhood stores" now. These are supposedly lower volume operations getting staffing and product cuts.

Interesting the "southwest" region has SoCal and then has FL. And "northwest" has WA and has IL. Why have regions at all?

https://www.thelayoff.com/t/13uNHKB9

arizonaguy
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Re: Macy’s 2020

Post by arizonaguy » February 12th, 2020, 10:00 pm

From the looks of it Paradise Valley Mall in Phoenix and Park Place Mall in Tucson are on the endangered list.

Paradise Valley Mall is not surprising (I believe Macerich wants to redevelop the property) but Park Place Mall used to be a decent 2nd mall for Tucson.

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Re: Macy’s 2020

Post by J-Man » February 13th, 2020, 7:06 am

storewanderer wrote:
February 12th, 2020, 9:51 pm
This is a listing of the designated "neighborhood stores" now. These are supposedly lower volume operations getting staffing and product cuts.

Interesting the "southwest" region has SoCal and then has FL. And "northwest" has WA and has IL. Why have regions at all?

https://www.thelayoff.com/t/13uNHKB9
It looks like it's the "South" region, and it also has Pennsylvania, Delaware, and Maryland, along with the more traditional southern states. And then Hawaii, Texas, and Arizona.

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Re: Macy’s 2020

Post by Super S » February 13th, 2020, 10:36 am

storewanderer wrote:
February 12th, 2020, 9:51 pm
This is a listing of the designated "neighborhood stores" now. These are supposedly lower volume operations getting staffing and product cuts.

Interesting the "southwest" region has SoCal and then has FL. And "northwest" has WA and has IL. Why have regions at all?

https://www.thelayoff.com/t/13uNHKB9
I see a few stores I am familiar with on that list:
388 Tanasbourne Streets (OR): This is part of a relatively new open-air development, and was the last store opened as Meier & Frank. I don't know how this store did during that relatively short time as Meier & Frank, but as Macy's, the store seems a little out of place especially with its close proximity to Washington Square. It seems like a location that would work with the right mix of merchandise, but perhaps with somebody other than Macy's there.

394 Lloyd Center (OR): As the Lloyd Center has declined, this store is simply too big and is a product of the 1960s when big department stores were still relevant and had more localized merchandise. If the store doesn't close I would expect it to be downsized at some point. Lloyd Center simply isn't the draw it once was.

438 Puyallup South Hill (WA): A store that is in a mall that is in close proximity to Tacoma Mall which has a much larger Macy's store. This building is newer, but is in a wing practically right next to a closed Sears. The mall itself always seems to be pretty busy though.

439 Seatac Commons At Federal Way (WA): While the mall, which was in bad shape about 10-15 years ago, has rebounded a bit as of late (including new Target, Kohl's, and Dick's Sporting Goods), this store is looking a little tired inside and out. Inside it has lighting that doesn't exactly look upscale, while the outside of their building shows some signs of neglect with damaged trim and fading paint. Although the mall's configuration is such that many people might not actually see the outside of the store (due to most people parking on the other side where the main entrances are, and walking in through the mall entrance) The store is not very appealing from its exterior entrances. While the location is not bad, this store suffers from being between the stores at Southcenter and Tacoma Mall.

These stores probably did better as The Bon Marche (WA) and Meier & Frank (OR), both of which were more in touch with local tastes and had merchandising more in line with the local markets. If anything they were truly more of a "neighborhood store" in those days than they have been at any point as Macy's.

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Re: Macy’s 2020

Post by Jeff » February 14th, 2020, 8:52 am

storewanderer wrote:
February 12th, 2020, 9:51 pm
This is a listing of the designated "neighborhood stores" now. These are supposedly lower volume operations getting staffing and product cuts.

Interesting the "southwest" region has SoCal and then has FL. And "northwest" has WA and has IL. Why have regions at all?

https://www.thelayoff.com/t/13uNHKB9
For SoCal:
Puente Hills has been on borrowed time. The store hasn’t been remodeled since the Robinsons May days with a lot of aesthetics from Robinson’s. This is the last anchor for the Mall and the mall is slowly dying.

Simi Valley: not shocked as they closed the Men’s home store and merged it into the main store.

Otay Mesa: store is newer and the last ground up build in So Cal but the area is still underdeveloped and not a draw.

Eagle Rock: I’m shocked this store is still open. It was a tiny May Co and still is a tiny Macy’s. Looks and smells old. Glendale Galleria and Pasadena are both not far from this location.

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Re: Macy’s 2020

Post by TW-Upstate NY » February 14th, 2020, 12:53 pm

Not surprised to see Sangertown Square on the list. Mall is located in New Hartford, NY which is a suburb of Utica. This was originally a Hess' when the mall opened in 1980 and then became Kaufmann's and subsequently Macy's. Mall also has Boscov's (which took over the Sears space a few years ago), Target (former Bradlee's) and a JC Penney original to the mall. That's a lot of competition considering the income base and demographics of the area. That mall will be in trouble if and when Macy's goes and you have to think JC Penney wouldn't be far behind.

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Re: Macy’s 2020

Post by architect » February 17th, 2020, 7:55 pm

Comments to add for some of these stores that I'm familiar with:

670 Vista Ridge (Music City Mall), Lewisville, TX - This store was built by Foley's in the late 1980's and has held its own for quite some time. However, due to newer/far nicer malls within a reasonable drive, the attached mall has struggled with a loss of traffic and tenants for some years now. A former Sears anchor was recently converted into an Asian supermarket, while the mall's Dillards was converted to a clearance center this past year. The Macy's here is still is decent physical shape, but is in a large anchor building which surely doesn't the traffic it needs in order to warrant any investment, and also struggles to be filled as Macy's has cut back certain product lines and brands at this location. Closure seems to be the most logical course of action here.

682 Irving Mall, Irving, TX - This store is a former Joske's which opened with the mall in 1971; Sanger Harris moved from a nearby location into this building in 1987 and it has passed through the ranks of Foley's and Macy's with little renovation. The store itself is in terrible condition, with disgusting flooring and entire sections of missing ceiling tiles. The product selection is also dismal, with the store feeling more like an outlet for reject merchandise rather than a respectable department store. The attached mall was once a solid middle-class mall, but with the decline of other anchors, has lost traffic outside of a successful AMC and quite a few local shops catering to the surrounding Hispanic community. The Macy's anchor is also located at the back of the property and feels somewhat unsafe at its exterior due to its secluded location. Closure here is inevitable.

683 Golden Triangle, Denton, TX - This store opened in the early 2000's within a heavily renovated former Montgomery Ward anchor. The store is still in good physical condition, but Denton as a whole tends to be a lower-income area due to being primarily a college town, and the attached mall has teetered in and out of relevancy for years. Most residents in the area are also accustomed to driving into the Dallas suburbs for far better shopping, making this store somewhat redundant. A standalone Backstage might perform well in the area, however.

694 San Jacinto, Baytown, TX - The Google/Yelp photos tell the story here. This store has soldiered on for years despite being located in the back corner of a dead mall which is currently undergoing redevelopment. The store is in poor condition and is either quite small or has potentially been downsized over the years. Baytown is also a more middle-class suburb which typically isn't a shopping destination; most residents simply choose to go to much nicer malls closer into the city. Closure here is not surprising.

709 Rolling Oaks Mall, San Antonio, TX - This closure isn't necessarily expected, but isn't surprising either. Rolling Oaks Mall was developed in the early 90's in anticipation of suburban growth which didn't materialize to the level anticipated. The mall is relatively isolated on the 1604 Loop in the northeast corner of the city, so traffic is noticeably lower than some other San Antonio malls. In addition, much of the surrounding housing is dominated by military due to a nearby Air Force base, and as a result, disposable income is likely lower. The mall certainly isn't at dead mall status, but has seen better days, and Macy's is likely making a smart move here by cutting their losses and focusing on their stronger nearby stores (their top door locations at North Star Mall and the Shops at La Cantera are both in reasonable proximity).

713 Rivercenter, San Antonio, TX - A former Lord and Taylor location which is attached to the Rivercenter Mall adjacent to the iconic Riverwalk. This store and mall tends to primarily attract tourists, and the mall has seen some redevelopment in recent years with the closure of Dillards (former flagship Joske's) and the addition of new dining/entertainment tenants. Frankly, most people visiting the area likely aren't coming to shop at Macy's, and most locals avoid the area in favor of far more convenient shopping elsewhere. This closure is fairly high-profile, but makes sense if the store is pulling low volumes and doesn't warrant further investment.

722 Post Oak, College Station, TX - A store located in a fast growing, but still mid-sized college town market. This store is in fairly good shape and actually has received remodel activity over the past year (including Backstage and new lighting). However, it is noticeably smaller than stores in nearby major markets, which limits product selection and traffic potential. In addition, the attached mall still pulls decent traffic but has a noticeable amount of vacancies (particularly near the Dillards Women and former Sears anchors). Lastly, many of the college students at nearby Texas A&M are from the state's major metro areas, and are accustomed to shopping when back home, making this location somewhat redundant (similarly to the Denton store). Nearby stores in the Houston area (particularly the Woodlands and Willowbrook) also create some traffic overlap. In Texas, Macy's has been pulling out of similar-sized markets in recent years (such as Temple, Tyler and Beaumont among others), so closure here would not be unprecedented.

734 Gwinnett Place, Duluth, GA - A Macy's attached to a long-dying mall which was recently used as a set for Stranger Things, Season 3. Considering that redevelopment of the mall is pending and that Macy's is the last tradtiional anchor here, their continued operation of this store up to this point is a mystery.

350 Streets at Southglenn, Centennial, CO - I actually visited this store this past September and it is by far one of the worst Macy's that I have ever experienced. Temporary walls has been installed around the sides of the men's department to downsize the space, and the product selection was terribly limited (primarily focused on sportswear and other activewear, along with some cheap boxed dress shirts and ties). Product was strewn everywhere (likely due to insufficient staffing), while the physical condition of the store was also noticeably decaying. This store is part of a mixed-use development which was built on the site of a former mall, and the Macy's sticks out like a sore thumb in comparison to the other trendier stores and restaurants in the development.

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Re: Macy’s 2020

Post by Alpha8472 » March 18th, 2020, 5:58 am

Macy's is closing stores nationwide until further notice. The malls are empty now. There are very few restaurants that will even dare stay open. It would be money losing to staff restaurants when there are practically no customers since most of the mall stores are closed. Strangely enough some Kohl's and JCPenney stores are open in some states, but not California. California has told all non-hardware and non-supermarket stores to close.

Lencrafters has reduced hours in their standard mall stores to 12 to 6. The Lenscrafters inside of Macy's are closed. Macy's went through all that trouble to open up Lenscrafters inside of most of their stores and now they are closed. They never got much business anyway since most malls have Lenscrafters stores in the same malls as Macy's. Who needs 2 stores in the same mall?

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Re: Macy’s 2020

Post by arizonaguy » March 30th, 2020, 10:19 am

Macy's may be done. Furlough is the new politically correct word for layoff as I doubt a large percentage of these workers will be brought back unless the virus ends very shortly.

https://www.cnn.com/2020/03/30/investin ... index.html

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Re: Macy’s 2020

Post by reymann » March 30th, 2020, 3:04 pm

i expect macy's to file bankruptcy once we're over the worst of the coronavirus.

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