Bloomingdale's Closing Santa Monica Store In Final Clearance Sale

SANTA MONICA, CA — Bloomingdale's will close its Santa Monica store in just six days, according to the company.

The store is located at Santa Monica Place, 315 Colorado Ave. A clearance sale is underway for the next several days and all items are for sale at a discount. No exchanges or returns are accepted.

Macy's, the parent company of Bloomingdale's, plans to close three dozen stores nationwide in 2021, including two in California, according to multiple reports.

The company comprises three retail brands, Macy's, Bloomingdale's and Bluemercury. Macy's, Inc. is headquartered in New York, New York.

Clearance sales started in early 2021 and ran for the last several weeks, officials said.

Macy's told the Chicago Tribune that the closures are "part of the company's strategy to right-size its store fleet, announced in early 2020."

The coronavirus pandemic hit retailers hard.

Macy's in particular has reported a 20 percent quarterly decline in same-store sales. Plans include closing 125 large department stores in favor of smaller stores under 20,000 square feet, Forbes reported in September.

"COVID-19 has significantly impacted our business. While the re-opening of our stores is going well, we do anticipate a gradual recovery of business, and we are taking action to align our cost base with our anticipated lower sales," Jeff Gennette, chairman and chief executive officer of Macy's, Inc., said in June 2020.

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