Skip to content
Homepage
  • Market
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Sector
    • CRE
    • Education
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Events
  • Real Estate Awards
  • Best of the Best
  • Hall of Fame
  • Media & Marketing
MissouriRetail

Macy’s to close another Midwest store, this time in St. Louis

Dan Rafter April 5, 2017
Share on Facebook Share on Twitter Share on LinkedIn Share via email

Macy’s late last year closed its store in downtown St. Paul, Minn. Now the retailer, citing sluggish sales, is closing another Midwest location, this time its St. Louis store, also in that city’s downtown.

In a written statement, Peter Sachse, Macy’s chief stores officer, said, “The level of customer activity we see no longer justifies keeping the store open.”

The Macy’s in downtown St. Louis first opened its doors in 1924. The retailer fills 189,000 square feet in the city’s Railway Exchange Building.

This isn’t the first time that Macy’s has brought bad news to St. Louis. In 2011, the retailer downsized its St. Louis location. Officials said they made this move to keep the St. Louis store open.

Sales, though, were too slow to convince Macy’s officials to keep even the scaled-down store open.

The Macy’s in downtown should close by the middle of June. A total of 94 associates work at the store, while 100 corporate employees work at the location. Company officials said the corporate employees will be relocated to Macy’s offices in Earth City, Mo. Some associates might be offered positions at other Macy’s locations.

Tags
St. Louis
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
MidwestOhioIndustrial

Marcus & Millichap closes sale of 28,860-square-foot industrial property in Lewis Center

October 23, 2026
TexasCRE

Marcus & Millichap closes sale of 729-unit self-storage portfolio in Rockport, Victoria

October 23, 2026
IllinoisFinance

Associated Bank completes $16.5 million loan for 34-unit apartment property in Libertyville

October 23, 2026
TexasFinance

Industry vet joins Kidder Mathews as VP in Dallas

October 23, 2026

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Education
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Events
  • Office Locations
  • Terms and Conditions
  • Contact
© 2026 REjournals.com