Dozens of Macy’s department stores across the country will close their doors for good later this year though the chain’s Hampton Bays store appears to be safe.
The department store chain, which is based in Ohio, announced in August that it would be closing about 15 percent of its 728 stores in 2017 in order to refocus efforts on its better-performing locations. The chain also operates 38 Bloomingdale’s department stores in 11 states, though those were not included as part of the recent round of closures.
The list of stores that would be closing was finally released last week, after months of speculation, and does not include the West Montauk Highway store, the anchor shop of the Hampton Bays Plaza. In fact, it does not appear that Macy’s will be closing any of its 68 locations on Long Island—based on prepared statement released by the chain.
Terry J. Lundgren, chairman and chief executive officer of Macy’s, explained in the same statement that the stores that will be closed, which includes three operating from malls in upstate New York, failed the meet the company’s sales expectations.
“Our omnichannel strategies continue to evolve based on the changes in our customers’ shopping behaviors, including a focus on [buying] online, pickup in-store and mobile-enabled shopping,” he said. “In addition, we have invested in and enlarged our customer data and analytics team, which will help drive our new marketing strategies for 2017.”
He continued: “Whether it is improving corporate agility, enhancing our customer engagement strategies, or continuing to capitalize on the potential value of our real estate assets, we remain focused on the actions that will ultimately improve our financial results and provide the greatest return for our shareholders.”
The manager of the Hampton Bays Macy’s did not return calls this week.
The building containing the Macy’s has been owned by the Kimco Development of Hampton Bays since 1990, according to Southampton Town records.