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The recession hit Galleria sales hard in 2008, as Jimmy'z and Mark Shale closed. Richmond Heights, which gets half its revenue from sales taxes and for which the Galleria is the largest taxpayer, saw sales-tax receipts drop from $10.1 million in fiscal 2007 to $9.1 million in the fiscal year that ended June 30, 2008. [ 9 ]
West County Center is a shopping mall located in Des Peres, Missouri, a suburb of St. Louis. The original mall was built in 1969. [2] The original mall closed in 2001, and a new mall on the site opened in 2002. The anchor stores are Macy's, Nordstrom, Dick's Sporting Goods, and JCPenney.
At the time, it was the fifth-largest mall in the St. Louis, Missouri metropolitan area. [6] Famous-Barr became Macy's in 2006. [7] The same year, the Dillard's store was expanded by 80,000 square feet (7,400 m 2). [8] On December 28, 2018, it was announced that Sears would be closing as part of a plan to close 80 stores nationwide.
Macy's closed their 200,000 square feet (19,000 m 2) anchor store on November 11, 2022. They opened a smaller 32,000 square feet (3,000 m 2) Market by Macy's in nearby Chesterfield Commons. [22] Liquidation sales started in early September, leaving the mall with no anchors left, basically turning it into a dead mall. In May 2023, the AMC ...
In 2005, May was acquired by Federated Department Stores for $11 billion (~$16.5 billion in 2023) in stock, with all former May divisions being folded into Federated's various Macy's branches. [14] [15] In 2006, over 400 former May stores, with their wide variety of long-standing brand names, were consolidated and renamed as Macy's.
The Famous-Barr Co. (originally Famous and Barr Co.) was a division of Macy's, Inc. (formerly Federated Department Stores). Headquartered in St. Louis, Missouri, in the Railway Exchange Building, it was the flagship store of The May Department Stores Company, which was acquired by Federated on August 30, 2005.
There was a prior division of R.H. Macy & Co., Inc. named Macy's Midwest, formed in 1981, headquartered in Kansas City, Missouri. [1] It operated stores in Missouri, Kansas and Ohio. The former division itself was created from a consolidation of two Macy's divisions, Lasalle's (Toledo, Ohio) and Macy's Missouri-Kansas, in 1982. It was merged ...
Macy's is accelerating its plan to close underperforming stores by the end of the year. The company plans to shutter 65 stores after the holidays.