Macy’s store for women to be shuttered
Federated Department Stores Inc. announced plans Tuesday to shed the
Macy’s Women’s Store at Fashion Island, potentially leaving a
significant vacancy at the Newport Beach shopping center.
“We don’t have a new retailer figured out for this store yet,”
Irvine Co. spokeswoman Jennifer Hieger said. The Newport Beach-based
Irvine Co. owns Fashion Island.
Hieger added that she has been informed that the Robinsons-May
store at Fashion Island will be converted to a full-service Macy’s
store. She said Irvine Co. executives view the impending vacancy as a
chance to enhance the diversity of stores at the Newport Beach
shopping center.
Federated, based in Cincinnati, revealed plans to close the store
at the same time it announced the completion of its merger with the
St. Louis-based May Department Stores Co. on Tuesday. In February,
Federated first announced plans to acquire May Department Stores.
Federated’s brands include Macy’s and Bloomingdale’s. Fashion
Island already has a Bloomingdale’s store. May’s lineup included
Robinsons-May.
People contacted at Fashion Island’s Macy’s Women’s Store and
Robinson’s-May location said they could not comment on the news.
Representatives at Federated’s corporate level could not be reached
late Tuesday.
In a release, Federated indicated that stores acquired in the
merger would keep their names through the end of the year. Sales of
stores slated for divestment are expected to begin next year.
Federated stated no merger-related layoffs will be announced before
March. According to a release, 169 people work at the Fashion Island
Macy’s store.
In July, Federated released a list of 68 stores that would be
sold. That list did not reveal the fates of any stores in
Newport-Mesa. The Newport Beach store, as well as stores in other
states, were added to the list to achieve regulators’ approval for
the merger.
A full-service Macy’s, two Macy’s specialty stores and a
Robinsons-May are in business at South Coast Plaza. Werner Escher,
the Costa Mesa shopping center’s executive director for executive and
international markets, said he has not received any information on
what will happen to South Coast Plaza stores.
In July, a Federated spokeswoman said Robinsons-May stores that
were not designated for sale or conversion into Macy’s stores could
be transformed into Bloomingdale’s stores.
* ANDREW EDWARDS covers business and the environment. He can be
reached at (714) 966-4624 or [email protected].
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