Department store giant Macy’s Inc. today said it plans to close about 100 Macy’s stores, most by early 2017, though it has not made a final decision on which locations will be shuttered.
Central Pennsylvania is home to two Macy’s stores. Both are in the Harrisburg area — one at the Harrisburg Mall in Swatara Township and one at the Capital City Mall in Lower Allen Township.
In May, Macy’s rolled out its new Macy’s Backstage outlet concept at the Harrisburg Mall, part of what could be a national push for the store-within-a-store brand.
The Ohio-based company said it is looking at its flagship stores in major markets, and does plan to sell its San Francisco store. Macy’s is exploring possible joint ventures or other strategic alliances to address its future real estate needs.
Last year, Bon-Ton entered into a long-term sale-leaseback deal on six properties to pay down debt.
Macy’s operates in 49 of the top 50 U.S. markets, with 728 stores overall, including 675 full-line department stores. The parent company has 880 stores in total, including stores operating under the names of Bloomingdale’s, Bloomingdale’s Outlet, Macy’s Backstage and Bluemercury.
Over the past six years, about 90 Macy’s stores have closed and 13 new ones have opened.