Macy's today announced that they will be closing 11 underperforming stores, including one in the Los Angeles area. This means clearance sales next week! "These closings are part of our normal-course process to prune underperforming locations each year in order to maintain a healthy portfolio of stores," said Macy's Chief Executive Terry J. Lundgren in a statement. Ahem, there's nothing normal about this. The locally affected Macy's is downtown in the Ernst & Young Plaza at 735 S. Figueroa St.




That Macy's was voted Best Place to Get Shanked By a Drifter in both '07 and '08.
Ha! I mean, that's not good, but you know...
I can't believe they're not closing "scary Macy's" in N. Hollywood at Oxnard & Laurel. Tell me that place is doing a profit... NO WAY!
wait.. so two macy's within a block of each other was a bad idea?