Thread regarding Macy's Inc. layoffs

Bridgewater commons mall

Bridgewater Commons mall in NJ has sold to a group from LA to make the mall into a mix use property. aka the mall is dead . this mall has a macys attached to it and wonder what will happen to it.. i think that property is leased . so here it goes folks... the end of the mall domino effect... get ready !

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Post ID: @OP+1mH7B40U

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I have never seen a Macys store stay open with one of those changes. Maybe a market by Macys would go in its place but typically the new mall owners require the store to do a full remodel with the update and Macys typically will not do that unless it’s a HIGHLY profitable store.

Post ID: @dxoi+1mH7B40U

Nice mall but just not enough traffic. Macys is decent size and usually does well. Bloomingdale’s is smaller and not nearly the volume. There are a lot of malls that could use a revamp but a little surprised to see this one to be honest.

Post ID: @jye+1mH7B40U

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