Randall Park Mall's Macy's Store is Set to Close
Randall Park Mall is losing one of their last anchor stores. Macy's has announced they will close to the store in the struggling mall because of poor sales. Two other stores in northeast Ohio (Canton and Akron) are closing along with stores in Houston, Indianapolis, Oklahoma City, Lake Charles, La. and Riverdale, Utah.
"While the decision to close stores is difficult, it is necessary that we do so selectively in locations with declining sales and where we have been unable to identify sufficient growth opportunities," Terry J. Lundgren, chairman, president and chief executive officer of Macy's, Inc., said in a press release. "At the same time, we continue to open new Macy's store locations in communities where we believe we can operate successfully."
When Randall Park Mall opened in 1976 it was the biggest indoor shopping center in the nation featuring Sears, JC Penney, May Company (currently Macy's), Higbee's, and Horne's.
With the closing of Macy's only Burlington Coat Factory, Ohio Furniture Mart.com, and Sears are left to anchor the giant mall.
Check out this video which shows three affected malls: