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Monday, Oct 15, 2018
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Macy’s closings include Port Richey store

Macy’s Inc. will close its department store location in Port Richey, along with about a dozen other struggling locations nationwide.

The location, which opened in 1981 and serves as an anchor to the Gulf View Square Mall at 9409 U.S. 19 North, employs 78 people, according to the company.

The move comes as retailers normally reshuffle, move or close locations after the holiday rush of business. In this case, Macy’s officials on Thursday characterized the closures as part of a much broader evolution of the company to streamline operations and focus more on serving in-store and online customers better. One store closing in Southfield, Michigan, dates back to 1954. Final clearance sales will begin on Monday, Jan. 12 and run for between eight to 12 weeks.

After the closures, Macy’s will have 790 locations.

Beyond the closures, Macy’s will shed two to three employees at each of the roughly 830 Macy’s and Bloomingdale’s locations, for a total of about 2,200 affected workers. The company plans to add roughly that same number in other functions.

That news comes as J.C. Penney Co. said that it will close about 40 stores this year and cut approximately 2,250 jobs, as it tries to improve its profitability. The company did not disclose the location of any stores closing.

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