Macy's Ownership Announcing 125 stores closing (including Bloomindale's Locations)
On Tuesday Macy's announced it would be closing around 125 stores over the next three years. Closing its least productive stores in lower-tier malls and cutting 2,000 corporate jobs to stay afloat in the age of online shopping.
An updated list of store closures starting in 2020 was released on February 5, 2020.
On the list was four Florida locations including Bloomingdale's (owned by the same company as Macy's) at the Falls Mall in Miami.
"The store referenced as closing at the Falls is Bloomingdales, not Macy’s. I would expect a closing of the Macy’s store also, but it has not been announced." Comments Edward Schmidt, Co-Chairman of NAI Miami.
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