Downtown loses Macy's store
The Macy's at the Ernst & Young Plaza downtown will close down amid a round of cutbacks by the department store chain. It is among 11 "underperforming" stores Macy's plans to shutter amid the economic recession. There's another Macy's just steps away at Macy's Plaza, but the loss of a department store is still a blow at a time when downtown is trying to boost shopping options. The Macy's at the Westminster Mall is also closing. From the Associated Press:
Clearance sales at the stores begin next week. "These closings are part of our normal-course process to prune underperforming locations each year in order to maintain a healthy portfolio of stores," said Macy's Chief Executive Terry J. Lundgren in a statement. Employees at the stores that are closing may be considered for open positions at other Macy's stores, the company said.
Photo: Macy's said that it would shut 11 stores nationwide, including one in downtown L.A., seen above, and that 960 employees would be affected. Credit: Allen J. Schaben / Los Angeles Times