|Macy's at Landmark.|
While the company’s online business is strong, the company is seeing “declining traffic in our stores where the majority of business is still transacted,” says CEO Terry Lundgren.
That’s got to be the case with the Macy’s at Landmark Mall, which has many vacant stores as the mall is slated to be redeveloped as a mixed-use town center by the Howard Hughes Corp. That project called for the entire mall to be gutted, with Macy’s and Sears to remain as anchors. A site plan amendment for the project was approved by the City of Alexandria in June 2015.
The Landmark Macy’s opened in 1965 and employs 119 sales associates.
Neither the Macy’s at Springfield Town Center nor Tyson Corner Center are on the list of store closings. The Macy’s at Tyson’s Galleria is one of three stores listed by the company as being sold and continuing to operate under a lease from the owners.
Both the Annandale Kmart and Sears in Seven Corners will remain open despite announcements on Dec. 27 and Jan. 4 by parent company, Sears Holding, Jan. 4 to close 108 Kmart stores and 42 Sears stores this spring.