28 Macy’s, 1 Bloomingdale’s to close

A week into 2020, the retail apocalypse rages on.

Macy’s is closing 28 stores in the next couple months and one Bloomingdale’s location, according to local media reports. Corporate officials initially would not confirm the number of stores closing, but did the day after USA TODAY posted its list.

“We regularly review our store portfolio and will provide an update at our Investor Day on February 5th,” the company said in a statement sent to USA TODAY on Jan. 7.

Clearance sales will begin this month and run for eight to 12 weeks, Macy’s Media Relations Manager Julianne Bartosz said in an email to TCPalm.com, which is part of the USA TODAY Network, about the Macy’s in the Indian River Mall in Vero Beach, Florida. 

On Jan. 6, Pier 1 Imports announced it plans to close up to 450 locations, nearly half of its 942 stores.

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Macy’s holiday sales

Macy’s reported its November and December sales results Wednesday, which showed holiday sales dropped.

“Macy’s, Inc.’s performance during the holiday season reflected a strong trend improvement from the third quarter,” CEO Jeff Gennette said in a news release. “Additionally, customers responded to our gifting assortment and marketing strategy, particularly in the 10 days before Christmas.”