Federated Department Stores Inc. (Cincinnati) said it has identified an additional six duplicate stores in Arizona, California, Indiana, Kentucky and New Hampshire it intends to divest commencing in 2006.
The department store retailer previously announced 76 locations it plans to divest because duplicative Macy’s and May Company stores operate in the same mall or shopping center.
Today’s additions to the divestiture list brings the total to 82. The six new stores slated for closing are: Macy’s in Wesleyan Park Plaza (Owensboro, Ky.), a 55,000-square-foot store opened in 1987; Macy’s in Rockingham Park Mall (Salem, N.H.), a 159,000-square-foot store opened in 1994; Macy’s in Tucson (Ariz.) Mall, a 138,000-square-foo store opened in 1982; Macy’s apparel store in The Oaks (Thousand Oaks, Calif.), a 149,000-square-foot store opened in 1983; Marshall Field’s in University Park Mall (Mishawaka, Ind.), a 123,000-square-foot store opened in 1980; and Robinsons-May in North County Fair (Escondido, Calif.), a 116,000-square-foot store opened in 1986.
Federated also said it intends to begin “going out of business” sales on Jan. 29, 2006, in malls where the company operates 32 duplicative store locations the company already announced it plans to divest or convert to Bloomingdale’s.