MACY s store closings

This morning Macy’s announced the closing of 11 stores, not a surprise because the wallstreet Journal previewed this on wednesday night.
this move came after a rough holiday season. According to Macy's Thursday that same-store sales for December fell 4%, amid
what it called “the most challenging economic environment in memory.”
The 860-store department-store giant had losses of $30 million in the first nine months of 2008 on a 4.3% decline in sales.

Here’s the list of the store locations Macy’s is closing.

• Ernst & Young Plaza (Citicorp Plaza), Los Angeles (135,000 square feet; 136 employees; opened in 1986)
• The Citadel, Colorado Springs, Colo. (195,000 square feet; 105 employees; opened in 1984)
• Westminster Mall, Westminster, Colo. (156,000 square feet; 110 employees; opened in 1986)
• Palm Beach Mall, West Palm Beach, Fla. (190,000 square feet; 71 employees; opened in 1979)
• Mauna Lani Bay Hotel, Island of Hawaii (3,000 square feet; 3 employees; opened in 1983)
• Lafayette Square, Indianapolis (160,000 square feet; 84 employees; opened in 1974)
• Brookdale Center, Brooklyn Center, Minn. (195,000 square feet; 72 employees; opened in 1966)
• Crestwood Mall, St. Louis (166,000 square feet; 176 employees; opened in 1969)
• Natrona Heights Plaza, Natrona Heights, Pa. (73,000 square feet; 124 employees; opened in 1956)
• Century III Furniture and Clearance, West Mifflin, Pa. (83,000 square feet; 3 employees; opened in 2000)
• Bellevue Center, Nashville, Tenn. (211,000 square feet; 76 employees; opened in 1990).

Msacy’s is expected to announce as soon as Thursday that it will close 10 locations, according to a person familiar with the matter.
Msacy’s . I’m surprised one of the two Nacys in the same mall in Fairfax VA is not on the list of eleven to be closed. This second one came with the merger of Hecht’s several years ago Nacys.