You are using an older browser version. Please use a supported version for the best MSN experience.

Macy's at Paradise Valley Mall to close

KPHO Phoenix logo KPHO Phoenix 1/11/2021
a sign on the corner of a room: Macy's The store is one of three anchors for the mall when it opened in the late 1970s.  © (Source: 3TV/CBS 5)

Macy's The store is one of three anchors for the mall when it opened in the late 1970s. 

PARADISE VALLEY, AZ (3TV/CBS 5) - Macy's is closing dozens of stores across the U.S., including one here in the Valley.

As sales at malls continue to drop, the department-store chain announced on Wednesday 45 store closures for 2021. On the list is the store at Paradise Valley Mall.

Macy's confirmed to Arizona's Family that the closure is part of the company's strategy that was announced last year.

"The decision to close a store is always a difficult one, but Macy’s Paradise Valley is honored to have served our customers and the community over the past 40 years, and we look forward to continuing to do so at Macy’s Arrowhead Towne Center, Macy’s Biltmore Fashion Park and Macy’s Scottsdale Fashion Square locations and online at macys.com or on the Macy’s app."

Macy's also mentioned that a clearance sale will begin in January for about eight to twelve weeks.

The store is one of three anchors for the mall when it opened in the late 1970s. The other two were JCPenney and a store that later became Sears. The Sears store is gone and JCPenney has had its own struggles, reportedly not turning a profit since 2010 and having to file for Chapter 11 bankruptcy in 2020.

The last Macy's store to close in Arizona was the location at Tucson's Park Place Mall and that was last year.

The recent round of closures is part of Macy's plan to close about 20% of its stores by 2023. The company has about 540 stores around the U.S.

AdChoices
AdChoices

More From KPHO Phoenix

image beaconimage beaconimage beacon