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In 1995, Federated Department Stores (now Macy's, Inc.), which owned both Macy's and I. Magnin specialty department stores, closed the I. Magnin chain. Macy's 1929/1948 building and its Union Square-facing buildings formed an "L" shape surrounding the I. Magnin Union Square store at the southwest corner of Stockton and Geary streets, built in 1946.
The Marshall Field and Company Building is a National Historic Landmark retail building on State Street in Chicago, Illinois.Now housing Macy's State Street, the Beaux-Arts and Commercial style complex was designed by architect Daniel Burnham and built in two stages—north end in 1901–02 (including columned entrance) and south end in 1905–06.
Many Chicagoans felt betrayed by Macy's takeover of Marshall Field’s when the company began to change its aesthetics and customer service standards, and demoted many Chicago-based brands. In December 2006, Macy's reported 30% slower sales in former Marshall Field's stores; the focus shifted to promoting the State Street location in 2007. [23]
Montgomery Ward closed in 1988. In 1991, Nordstrom announced plans to open its second Chicago area location at Old Orchard. In addition to a 200,000-square-foot (19,000 m 2) Nordstrom, Old Orchard also expanded the mall by 100,000 square feet (9,300 m 2) as part of a $200 million expansion. [5] This allowed for an additional 62 stores to open.
In all, Macy's is shutting 150 stores by 2026. Walmart West Covina will shut its doors March 29. All were described as underperforming.
River Oaks Center is a shopping mall in Calumet City, Illinois, a suburb south of Chicago. River Oaks Center is the seventh largest mall in the Chicago metropolitan area totaling 1,379,824 square feet (128,190 m 2). Today, there are over 60 stores and two anchors including JCPenney and Macy's with two vacant anchors last occupied by Carson's ...
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