El Centro Macy’s safe amid closures By MEGAN BAKKER, Staff Writer
Thursday, January 8, 2009 10:00 PM PST
El Centro’s Macy’s at the Imperial Valley Mall is not on the list of store closures just announced by the retail chain.
Macy’s is closing 11 of its 859 stores, a move that will cut 960 jobs.
Laura Smith, a spokeswoman for Macy’s based in San Francisco, said that no more closures were on the horizon.
“These are all the store closings,” Smith said.
Two stores are closing in Colorado, two in Pennsylvania and one each in California, Florida, Hawaii, Indiana, Minnesota, Tennessee and Missouri.
Macy’s CEO Terry Lundgren said in a news release that the chain typically closes as many as 10 stores a year “to prune underperforming locations.”
“The decision to close stores is difficult, and often occurs when the market changes, new competing shopping centers are opened nearby to existing older ones, or when customers change shopping habits,” Lundgren said.
The chain also reported a sales decline of 4 percent in stores open for at least one year.
If you have an account already, just enter your Member ID and Password to access this page.
If you're new to our site, please create a new account.
Register FREE
To use certain features of ivpressonline.com, you must register FREE on the form provided. The Imperial Valley Press’ use of any personally identifying information you provide as part of registration is governed by the following privacy policy:
ivpressonline.com does not, and will not, release your personal information to any third party without your consent. We may, however, share some of the information we gather, in aggregate or demographic form, with advertisers and other partners. That is, we may provide general information about ways people use our site without identifying any particular individuals.
The opinions above are from readers of ivpressonline.com and in no way represent the views of the Imperial Valley Press staff or Schurz Communications Inc.
ivpressonline.com encourages readers to offer their opinions on our local stories. We ask readers keep their comments on topic and avoid derogatory comments about fellow readers. Our goal is to promote a civil discussion about the news.
We will never edit or alter comments, but we do reserve the right to remove comments that violate our code of conduct. No comment may contain:
Subscribe Get the Imperial Valley Press every morning at your home or office. Start a subscription for your family, for yourself or give it to someone special. Click here.
Text Message AlertsReceive text message alerts on breaking news, latest updates, sports scores, offers and much more on your cellphone or PDA. Sign up here.
RegisterRegister free and start receiving email alerts on breaking news, a sneak preview of upcoming stories, reminders and much more. Click here to begin.
About UsWant to know more about the Imperial Valley Press? Want to contact us? Get general and contact information. Click here.
