The holiday season is typically a busy time for nonprofits in Centre County, but during the COVID-19 pandemic, they’ve already been stretched for months. Don’t, experts say — here’s why, Centre County board of elections votes unanimously to certify election results. We’ll update this list as Macy’s releases more information concerning stores closing over the next three years. “Regular, non-season colleagues will be eligible for severance, including outplacement resources.”, While “the decision to close a store is always a difficult one,” she said, “Macy’s is proud to have served the State College community over the past 21 years.”. A Macy's spokesperson told Business Insider that employees at the closing stores who cannot find a job at nearby Macy's locations will be eligible for severance. Macy's told USA Today: "We regularly review our store portfolio and will provide an update at our Investor Day on February 5." Sarah Paez covers Centre County communities, government and town and gown relations for the Centre Daily Times. Specialties: Macy's, established in 1858, is the Great American Department Store - an iconic retailing brand over 580 stores operating coast-to-coast and online. Our content is free because our partners pay us a referral fee if you click on links or call any of the phone numbers on our site. Dorado, PR 00646, Metro Office Park Macy's, established in 1858, is the Great American Department Store - an iconic retailing brand over 740 stores operating coast-to-coast and online. A clearance sale will run for eight to 12 weeks starting this month, she said. The company’s stock is down 40% over the past 12 months, and down 50% over the last three years. In a statement, Macy’s Director of Media Relations Carolyn Ng Cohen said the company decided to close the Nittany Mall anchor store “after careful consideration.”. Macy's is no exception. Robert Riesbeck, Pier 1 CEO and Chief Financial Officer, said in a statement: "Although decisions that impact our associates are never easy, reducing the number of our brick-and-mortar locations is a necessary business decision. Earning your trust is essential to our success, and we believe transparency is critical to creating that trust. She studied English and Spanish at Cornell University and grew up outside of Washington, D.C. Macy’s store in the Harrisburg Mall is closing, Macy’s announced it was closing 100 stores, Pandemic meets holiday season: Centre County nonprofits face increased need, continued challenges, Here’s how Nick & Joe Lee, David Taylor did in their Nittany Lion Wrestling Club event debuts, Centre County coroner reports 15 new COVID-19 deaths; most were long-term care residents, Judge halts further vote certification; Gov. Prairie Village Shopping Center, Prairie Village. Macy’s will close two of its Pennsylvania stores to start off 2020, including locations at the Harrisburg Mall and the Nittany Mall in State College. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. California Antioch: Somersville Towne Center San Diego: Horton Plaza Park, Florida Miami: The Falls Mall Pompano Beach: Pompano Citi Centre Sanford: Seminole Towne Center Vero Beach: Indian River Mall, Georgia Decatur: The Gallery at South DeKalb Macon: Macon Mall, Illinois Carbondale: University Mall West Dundee: Spring Hill Mall, Maryland Salisbury: The Centre at Salisbury, New York Commack Hicksville: Broadway Commons, Ohio Cincinnati: Northgate Mall St. Clairsville: Ohio Valley Mall Stow: Stow-Kent Plaza, Pennsylvania Harrisburg: Harrisburg East Mall State College: Nittany Mall, Washington Burlington: Cascade Mall Seattle (downtown) Walla Walla (downtown), Ad Practitioners, LLC Guaynabo PR 00968. Our mission is to help people at any stage of life make smart financial decisions through research, reporting, reviews, recommendations, and tools. Macy’s stock was up roughly 3% on Wednesday following the news regarding store closures. Macy's at Route 220 and Goods Lane, Altoona, PA 16602: store location, business hours, driving direction, map, phone number and other services. Get unlimited digital access for only $20 for 1 year. Ads by Money. Meanwhile, Macy’s apparently sees strong promise in discount retail, as it announced this week an expansion of its Backstage concept, which features significantly lower prices than the flagship stores. Opinions are our own, but compensation and in-depth research determine where and how companies may appear. Ultimately the choice is yours. Offers may be subject to change without notice. Other retailers closing multiple stores include Kmart and Sears, who in November 2019 announced that they will close at least 96 stores by February 2020. It’s the season of giving. “When you reduce the number of stores the way they have, you need fewer people for human resources and other back-office functions that are performed in Cincinnati,” Doug Moormann, vice president of the Cincinnati-based Development Strategies Group, told the Enquirer regarding Macy’s latest closures. The company’s stock is down 40% over the past 12 months, and down 50% over the last three years. Depending on how the sale goes, the company will determine an exact closing date. We will update this story with a full rundown of Macy’s stores closing as the information is made public. this link is to an external site that may or may not meet accessibility guidelines. And you’ll soon see the unsurprising fallout, with more and more store closures at malls around the U.S. On Tuesday Macy’s announced it would be closing 125 of its “least productive stores” in “lower tier malls” over the next three years, including roughly 30 stores already in the process of shutting down. Macy’s is closing its store in the Nittany Mall, State College, in addition to its location in the Harrisburg Mall, Harrisburg. If you don't, we will not be compensated. Macy’s has not released a full store closure list. The closest operating Macy’s to Centre County is in Altoona at the Logan Valley Mall. Select your state to begin the process of filing your taxes with TurboTax. We may be compensated when you click on this ad. The Nittany Mall is reportedly losing another anchor department store. 7 calle 1, Suite 204 Learn more about how we make money. The retailer, whose first store opened in 1858 on the corner of 14th Street and 6th Avenue in New York City, announced it would close 100 stores.The announcement was made in August 2016, and represents about 15% of all Macy's department stores. ", You have 4 free articles remaining this month, Sign-up to our daily newsletter for more articles like this + access to 5 extra articles. Three years ago, Macy’s announced it was closing 100 stores, six of which were located in Pennsylvania. More recently, Pier 1 Imports announced that it would be closing nearly half its 942 stores, with 450 closures. Get all the news you need to start your day. When reached by a reporter, a representative from Macy’s executive offices in the Nittany Mall said the store would respond later. Here’s the list of Macy’s store closures that have already been announced.