Macy's to Close One Suburban Store by Spring

One suburban Macy’s will join dozens across the U.S. that are slated to close across this year.

Macy’s is planning to shutter 100 of its stores as part of a plan to "help streamline its store portfolio, intensify cost efficiency efforts and execute its real estate strategy," according to a news release from the retailer. Of those, 68 will close this year.

The Macy’s at Stratford Square in Bloomingdale will close its 149,000-square-foot store in early spring, according to Macy's. The store opened in 1981 and employees 87 associates.

Additional Illinois stores in Alton and Bloomington will also be closing this year, Macy’s announced.

“We are closing locations that are unproductive or are no longer robust shopping destinations due to changes in the local retail shopping landscape, as well as monetizing locations with highly valued real estate,” said Terry J. Lundgren, chairman and chief executive officer of Macy’s, in a press release. “These are never easy decisions, and we are committed to treating associates affected by these closings with respect and transparency.”

The full list of store closings and Macy's press release can be found here.

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