Macy’s considers closing branches in iconic mall as 150 stores to close – Officials announce creation of ‘modern’ stores

MACY’S is considering closing a store in a major downtown area as part of a mass closure.

The company plans to close around 150 stores, and a store in California may be at risk of closure.

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According to a local Fox affiliate, the store in downtown Sacramento, the capital of the Golden State, could close.

But there is still hope for the location.

Officials told local news that no final decision has been made. It is unclear what led to this particular location being closed, according to local reports.

Make a decision

“Our new strategy aims to create a more modern Macy’s,” a spokesperson told Fox 40.

“A final decision on specific locations is still pending,” it said.

The Sacramento location is part of Downtown Commons, a complex that includes the Sacramento Kings basketball stadium.

While this means that people would continue to be drawn to the mall (also known as DOCO), the mall would likely struggle without the two-story Macy’s.

Should the location close, there will be other branches of the department store in the area that will fill the gap.

There is another store on the outskirts of town in the Arden Fair shopping centre.

There are also several locations serving the suburbs.

It is currently unclear when a decision will be made on the DOCO location, but the company has announced that the 150 stores will be closed within three years.

The US Sun contacted Macy’s for clarification.

MACY’S NEWS

Department stores have struggled to make ends meet in recent years as the boom in online shopping kept customers away from malls.

Poorly performing sites are expected to be closed in the coming years.

To contain the problem, Macy’s is pursuing a new strategy: smaller stores.

It is planned to open 30 locations in a “small format”.

Officials said the locations would offer a more select range of goods.

According to the company, there were already a total of eight mini-stores last year.

Sears, once a fixture in American shopping malls, has closed one of its last remaining stores.