Today, Macy's announced the closure of 68 of its stores across the country out of a total of 730 current stores. Of the 68, three closed last year, 63 will be closed in early spring 2017 and two stores will be closed in mid-2017
We are sad to report that Macy's Men's/Home/Kids Store on the east end of the Simi Valley Town Center was one of the two "mid-2017" stores on the list. This store is 190,000 square feet and opened in 2006, with 105 associates.
The Macy's Women's Store on the west side of the Town Center was not included on this list.
Also on the list for 2017 closings is the Macy's at the Paseo Nuevo Shopping Mall this year.
Macy's also it "intends to opportunistically close approximately 30 additional stores over the next few years as leases or operating covenants expire or sale transactions are completed."
More details at THIS LINK.