Macy’s closing Valley View Center store
Following a 34-year run, a Dallas Macy’s store is among nine Macy’s closing nationwide in light of slow sales, the company announced Friday.
The Macy’s Valley View Center location, which employs 132, will go into sales-clearance mode on Jan. 13, and once it sells out of merchandise, its doors will close, said Macy’s spokesman Ed Smith.
The 300,000 square-foot Valley View Center location opened in 1973, according to the news release. Valley View Center is located off Interstate 635 between Preston and Montfort roads in Dallas.
Because there are several other Macy’s locations in North Texas, many of the Valley View employees who are in good standing have a good chance of being employed at existing Macy’s stores, Smith said.
“We’ll do everything we can to find jobs for them in locations that remain open,” Smith said.
Macy’s also is closing stores in Houston, Indianapolis, Oklahoma City, Lake Charles, La.; Akron, Ohio; Canton, Ohio; North Randall, Ohio 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.”
The company opened 10 new stores and one furniture gallery in 2007. In 2008, Macy’s, Inc. expects to open five stores, with another six to eight new locations planned for 2009.