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2 MD Macy's Stores To Close

  • Macy's is closing its stores in Security Square Mall and Harford Mall as part of a plan to close 66 stores nationwide.
  • The closures in Maryland are part of Macy's 'Bold New Chapter' strategy to close 150 underperforming stores.
  • Macy's Chairman and CEO Tony Spring stated that closing stores allows for better resource allocation and investment in remaining locations.
  • The Security Square Mall has struggled to attract shoppers, and there are redevelopment plans for both malls, including housing and parking.
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  • 63% of the sources are Center
62% Center
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