Macy's shutting down one Houston location

December 28, 2007 1:33:20 PM PST
There's about to be one fewer Macy's in the Houston area. The department store announced on Friday that it's closing down nine underperforming stores across the country and on that list was the store at Sharpstown Center. Though an official closing date has not yet been set, it's expected to be either in February or March of next year.

Macy's has 172 employees at the Sharpstown location. The company says it will offer positions at other Macy's stores to those employees where possible and those who are laid off will receive severence.

"While the decision to close stores is difficult, it is necessary that we do so selectively in locations with declining sales and where we have been unable to identify sufficient growth opportunities," said Terry J. Lundgren, chairman, president and chief executive officer of Macy's, Inc. "At the same time, we continue to open new Macy's store locations in communities where we believe we can operate successfully."

The only other Texas location on the list of closings is the Macy's in Valley View Center in Dallas.