With sales down due to the coronavirus pandemic and decreased foot-traffic at shopping malls, Macy’s is shuttering some of its storefronts.
Macy’s informed employees at 45 locations, including five within Texas malls, that their stores would close in 2021, CNBC reports.
Texas stores expected to close include:
- Golden Triangle Mall located at A, 2201 South Interstate 35 East Ste. in Denton
- Post Oak Mall located at 1508 Harvey Road in College Station
- Rivercenter Mall located at 151 Bowie St. in San Antonio
- Rolling Oaks Mall located at 6909 North Loop 1604 East Ste. 2055 in San Antonio
- Vista Ridge Mall located at 2401 South Stemmons Freeway Ste. 6000 in Lewisville
“As previously announced, Macy’s, Inc. is committed to rightsizing our store fleet by concentrating our existing retail locations in desirable and well-trafficked A and B malls,” a spokesperson told Business Insider. “These closures bring us closer to achieving the right mix of mall-based stores.”
According to Business Insider, the closures are apart of the company’s plan to close one-fifth of its stores by 2023.
As select locations prepare to close this year, some have already begun liquidations sales while others plan to by the end of the month.
Click here to view the list of locations closing in 2021.