About 16 years after Macy’s opened a store at Antioch’s Somersville Towne Center, the organization has reported it will close its doors there.
The declaration of the store conclusion comes just a few months after one more of the mall’s long-term anchor tenants, Sears, covered. Victoria’s Secret is additionally expected to shut in the mall as of Jan. 21. The just significant anchor tenants remaining are Fallas, on the southern wing and 24-Hour Fitness on the far east wing of the shopping mall.
The Antioch Macy’s location is the only California one on a list of more than two dozen every few states that will be brought amid declining sales to a close. Macy’s latest profit report demonstrated a sales decrease of 3.9% at stores open for at least a year.
Macy’s CEO Jeff Gennette said the lower sales were “steeper than we expected.” He disclosed to CNN that warm weather, fewer visitors shopping in stores and issues at lower-level malls. Shares of Macy’s have lost roughly 40% over the previous year.
A full list of closures is expected at Macy’s forthcoming investor day on Feb. 5. No exact conclusion date was affirmed for the Antioch location however mall authorities said it would almost certainly be in March or April.
Lena O’Neal was one of the numerous customers on Wednesday surprised to hear about the closure. The Oakley resident, who had quite recently acquired luggage, said she shops there often for clothes, perfumes, jewelry, and gifts.
“I love this place; I hate that they are going to close it,” O’Neal said. “I don’t know how they can say the economy is doing well when all the stores are closing down.”
Emilia Rubio of Pittsburg was likewise astounded to become familiar with the store would be shut. She said she shops frequently there for garments for herself and her kids.
Harjeet Kaur oversees Eyebrow Art by Macy’s and recognized that the store would see less foot traffic when Macy’s closes in spring.
“I like it there,” she stated, taking note of the shops Macy’s for garments and perfumes.
Macy’s opened at the Antioch mall in July of 2004, supplanting JCPenney, which had anchored the northeastern wing of the strip mall, and later moved to Southeast Antioch.
Even though at 107,142 square feet, it was about a large portion of the size of other Macy’s stores, it was hailed as an option for upscale fashion already inaccessible in the region. Up to that point, East County customers with a disposable income had to Concord’s Sunvalley Shopping Center or past for designer garments.
The mall experienced a $6 million facelift in 2003, supplanting the parquet floor with tiles, including restrooms and new paint. Millions more went into building the two-story Macy’s structure.
In 2014 Time Equities Inc. acquired the then-48-year-old shopping mall from Macerich Co. for $12.3 million, later upgrading the interior and exterior.
Notwithstanding the loss of Macy’s, Shannon Skinner, the mall’s specialty leasing rep/marketing manager, said one new littler inhabitant is coming to the mall soon, a boutique attire store called The Red Carpet. What’s more, Guzman’s Gymnastics recently situated to the mall, and Beat the Streets is moving to an enormous location there on Feb. 1.
“They’re all fabulous,” she said of the tenants. “I know it’s sad to see national tenants go, but we still have some amazing people here.”
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Newsline Hub journalist was involved in the writing and production of this article.