YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
The Macy's store in Springfield will not be shuttering as part of a nationwide store-closure plan announced by the retailer this week.
The 2825 S. Glenstone Ave., Ste. 100, store at Battlefield Mall is remaining open, according to a statement provided to Springfield Business Journal by Macy's corporate communications. New York-based Macy’s Inc. (NYSE: M) yesterday announced it would shutter "approximately 150 underproductive locations through 2026," leaving it with 350 stores remaining.
"Our new strategy is designed to return Macy’s Inc. to profitable growth and enhance the customer experience. This allows us to focus our investments and resources on Macy’s go-forward locations," the statement sent to SBJ reads. "We look forward to continuing to serve our customers at Macy’s Battlefield Mall."
The store closure initiative, part of a plan called A Bold New Chapter, includes 50 locations that are slated to shutter by the end of the company's fiscal year.
Macy's additionally operates Missouri locations in the Kansas City and St. Louis areas, according to its website.
Plaza Shopping Center gained an arcade with the March 1 opening of The Flying Lap LLC; the repurposing of space operated by Burrell Behavioral Health resulted in the March 18 opening of the company’s second autism center; and a group of downtown business owners teamed up to reopen J.O.B. Public House.
