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"We now expect to close roughly 65 locations this year," said Macy's CEO Tony Spring in the earnings call. "In line with our typical cadence, closures will occur post holiday."
Location: Pennsdale, Pennsylvania ... PREIT put Lycoming Mall up for sale in January 2015. [19] Sale and downturn: 2016 – 2022 ... The former Macy's was sold for ...
This isn't the first time Macy's has announced unfortunate news about store closings in recent years. The department store chain has closed roughly 300 stores since 2015, including closing 45 Macy ...
In 2008, Boscov's filed for Chapter 11 Bankruptcy, causing 10 stores to close, the Harrisburg Mall location being one of them. [6] The building has been vacant since. On July 9, 2009, the Harrisburg Mall was sold at sheriff's sale to three financial groups after the previous owner, Feldman Lubert Adler defaulted on a $52.5 million mortgage. [7]
Macy's is located at the center of the mall while the other anchor stores and the food court are on corners of the mall. It is owned by PREIT . As of 2023, the facility has been cited among lists of " dead malls " in Pennsylvania, [ 3 ] although the Exton Square Mall Carnival remains a popular event. [ 4 ]
This isn't the first time Macy's has announced unfortunate news about store closings in recent years. The department store chain has closed roughly 300 stores since 2015, including closing 45 Macy ...
Get the complete list of Macy's stores closing in 2021, along with information about the department store chain's three-year plan to close 125 locations in total.
In August 2016, PREIT sold the Mall for $20 million. It was reported that the occupancy had dropped to 87.4% before the sale and had represented a drop in performance. [12] Macy’s and Gander Mountain closed in 2017. Gander Mountain would be replaced by Rural King in March 2018. The Bon-Ton closed all locations by August 2018. On August 31 ...
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