Macy’s stores in urban downtown areas will struggle until more workers return to their offices and international travel picks up, according to the retailer, which plans to announce 10 brick-and-mortar closings in January.
Macy’s To Close 10 Stores, Sees Downtown Areas Lag as Office Workers, Tourists Stay Home
Retailer Also Reviews Timing of Closing 60 Remaining Stores Out of 125 It Previously Planned To Shut
By Linda Moss
CoStar News
November 18, 2021 | 5:34 P.M.
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IN THIS ARTICLE
- Properties
- Macy's
151 34th St, New York, NY