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By: Michael de Yoanna

Category: Business, Panorama

Posted: January 9, 2009 12:43 PM

Tags: photos

Macy's Shutters Two Colorado Stores

Don't fear, Denverites. The Macy's at the Cherry Creek Shopping Center is safe. But 11 other stores around the country, including two in Colorado, will be closed, Macy's Inc. announced yesterday. The store at the Westminster Mall and another at The Citadel in Colorado Springs are considered to be under-performing and will be shuttered. Both opened in the mid-1980s and employ more than 100 people, notes the Denver Business Journal. The Westminster store weathered "double-digit losses for years," according to The Denver Post, although other businesses in the mall relied on its foot traffic, including Pet City, where a manager in a desolate corridor notes, "we're at a dead end now." Same-store sales at Macy's were down 4 percent overall in December, with the company citing "the most challenging economic environment in memory," according to The Wall Street Journal. Clearance sales at the stores begin next week.

Comments

Thanks for the comment. I was relying on information in the Denver Business Journal (as linked above). The referenced article states Macy’s “will close its store at the Westminster Mall in Westminster, which opened in 1986 and has 110 employees

Todd: Thanks for the comment. I was relying on information in the Denver Business Journal (as linked above). The referenced article states Macy's "will close its store at the Westminster Mall in Westminster, which opened in 1986 and has 110 employees..." You might want to check in with the Journal to see if a correction is warranted. If so, tell us at 5280.com, too. Thanks for reading and taking the time to comment.

Macy's was not at the Westminster Mall since the '80's. The space that Macy's is in currently in was May D&F, then Foley's then Macy's.

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