Store Closures for Macy’s and Bloomingdale’s

Macy’s will close the following five stores in early spring 2012: West Ridge Mall, Topeka, KS; Laurel Mall, Laurel, MD; Parmatown, Parma, OH; Hickory Hollow, Antioch, TN; and Mall of the Mainland, Texas City, TX.

As previously announced, five new Macy’s stores, as well as one replacement store, are currently planned and/or under construction. New Macy’s stores will be located in: Victorville, CA (mid-2013), Gurnee, IL (spring 2013), Bronx, NY (fall 2013 or spring 2014), Salt Lake City, UT (March 2012), and Greendale, WI (March 2012). A replacement store will be built in Bay Shore, NY (open in fall 2013).

When all of these planned openings and closings are complete, Macy’s will operate 804 stores in 45 states, the District of Columbia, Puerto Rico and Guam.

Among the Bloomingdale’s closures planned for spring 2012 are Perimeter Mall, Atlanta, GA; White Flint, North Bethesda, MD and the Mall of America, Bloomington, MN.

As previously announced, a new Bloomingdale’s is planned to open in Glendale Galleria in Glendale, CA (Fall 2013). In addition, the company says a new Bloomingdale’s will be built in Stanford Shopping Center in Palo Alto, CA, to open in spring 2014, subject to completion of a public approval process.

The new Stanford Shopping Center store will be built in a smaller format similar to highly successful Bloomingdale’s stores opened in recent years in SoHo (New York City), Chevy Chase, MD, and Santa Monica, CA.

In addition, five new Bloomingdale’s Outlet stores will open in 2012, bringing that store group roster to 12. This is a new concept for the retailer, having launched its first in Fall 2010.

Once all of these changes have been implemented, Bloomingdale’s will have a total of 38 full-line and home stores, as well as 12 Bloomingdale’s Outlet stores.