Support for LAist comes from
Become a sponsor
Made of L.A.
Donate
Stay Connected

LAist is part of Southern California Public Radio, a member-supported public media network. For the latest national news from NPR and our live radio broadcast, visit LAist.com/radio

Keep up with our local independent news

The Top 5 newsletter catches you up with LA’s top 5 stories in just 3 minutes.
Donate

Share This

This is an archival story that predates current editorial management.

This archival content was written, edited, and published prior to LAist's acquisition by its current owner, Southern California Public Radio ("SCPR"). Content, such as language choice and subject matter, in archival articles therefore may not align with SCPR's current editorial standards. To learn more about those standards and why we make this distinction, please click here.

News

Goodbye, Macy's

By  Zach Behrens
Published Jan 7, 2009 11:00 PM
macysclosing.jpg
Our June member drive is live: protect this resource!
Right now, we need your help during our short June member drive to keep the local news you read here every day going. This has been a challenging year, but with your help, we can get one step closer to closing our budget gap. Today, put a dollar value on the trustworthy reporting you rely on all year long. We can't hold those in power accountable and uplift voices from the community without your partnership.

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.

Most Read
Best of LAist