Greater Cincinnati is losing a Macy’s store
CINCINNATI (The Enquirer/FOX19) - Macy’s has announced that its department store at Northgate Mall will close this year, according to FOX19 NOW’s media partners at the Cincinnati Enquirer.
Macy’s was the last major anchor store open at the Colerain Township mall. The department store chain, which has headquarters in Cincinnati and New York City, will have four remaining locations in the Cincinnati region: Kenwood, Anderson Township, Tri-County and Florence, plus a furniture store in Kenwood.
A Macy's spokeswoman said in a statement that a clearance sale will begin this month and run for approximately 8 to 12 weeks. There was no set date for the closing announced Monday.
The statement said regular, non-seasonal workers that Macy’s is unable to place at nearby stores will be eligible for severance, including outplacement resources.
139 workers will be affected according to documents filed with the Ohio Dept. of Job & Family Services. The documents say the job eliminations are scheduled to occur between March 7, 2020 and March 20, 2020.
“The decision to close a store is always a difficult one, but Macy’s is proud to have served our customers in the Cincinnati community at Macy’s Northgate over the past 27 years, and we look forward to continuing to do so at nearby Macy’s stores including Macy’s Tri-County Mall, Macy’s Kenwood Towne Centre, Macy’s Florence Mall, Macy’s Anderson Town Center and online at macys.com,” the statement concluded.
Macy’s is hosting an Investor Day on Feb. 5 at the New York Stock Exchange, where its management team plans to share details of its growth strategy and three-year plan.
Milz said the closure was not surprising. Northgate's most recent anchor to close was Sears in November of 2018.
Macy's was the last major anchor store open at the Colerain Township mall. It opened as Lazarus Department Store in 1992 and became Macy's in 2005. Smaller anchors, including Ashley Home Furniture, Marshall's DSW, Michael's and Burlington Coat Factory will remain open.
The mall’s former main anchors included Dillard’s and J.C. Penney. Penney’s left the mall in 2006 and Dillard’s closed in 2009. Xscape Theater opened in the former Penney’s site in 2013.
"We had a strong suspicion this would happen, given larger trends. That's why we have put so much effort looking at alternatives and options other than retail. We believe the future of the mall will be a mixed use."
Milz said the Sears closing was a wake-up call. He began looking into how to move the mall toward a mixed-use plan that was not totally reliant on volatile retail tenants.
"There is always opportunity in change," Milz said. "We have been and will continue to be in communication with mall's owner about the future of the mall.
The mall is owned by Tabani Group. Dallas-based Tabani could not be reached for comment.
Macy's closed nine stores last year. The company closed its Downtown Cincinnati store in 2018.
The Northgate Macy's closing is one of at least nine in the news today.
Other store closing reports included:
- Westfield Meridien Mall in Meridien, Connecticut.
- Macon Mall in Macon, Georgia.
- University Mall, Carbondale, Illinois.
- Macy's Centre at Salisbury in Salisbury, Maryland.
- Stow-Kent Plaza in Stow, Ohio.
- Harrisburg Mall, Harrisburg, Pennsylvania.
- Nittany Mall, State College, Pennsylvania.
- Rivergate Mall, Goodlettsville, Tennessee.
Copyright 2020 Cincinnati Enquirer. All rights reserved. WXIX contributed to this report.