Quote:
Originally Posted by SEFTA
I'm worried about Macys.
With Macys closing more stores and that horrific stabbing
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Macy's plans to close ~150 underperforming stores over the next 2 years, including the massive downtown San Fran store (a huge blow for San Fran). The CC Macy's has historically been a high performing store, the lease is thru 2027, and they don't own the building, so I would be shocked if the CC Macy's closed.
The only Macy's in the area that I think will close is in Concord Mall (just over the DE/PA border). That mall is down the toilet and Macy's is exiting struggling malls.
On a positive note, Bloomingdale's (Macy's higher-end strong performer) is looking to add ~15 stores in the coming years, mostly small concept, but maybe they will consider Center City (in addition to the oulet).