Is Macy’s Sunnyvale Closing?

SUNNYVALE, CA—Macy’s is closing its downtown Sunnyvale store and exercising its lease termination right.

The 177,000-square-foot Macy’s building was acquired from Sand Hill Properties in March 2018 by STC Venture LLC, a joint venture between affiliates of Hunter Storm and Sares Regis Group of Northern California.

Is Macy’s closing any stores in 2019?

Macy’s is closing eight stores in early 2019 as part of planned closures announced over two years ago. In August 2016, Macy’s said that it would close 100 stores. Since then, it has been shuttering these locations as their leases expire.

Is Macys closing nationwide?

Macy’s is closing about 100 stores nationwide, the department store chain announced Thursday morning. Macy’s is closing about 100 stores nationwide, the department store chain announced Thursday morning. Macy’s is closing about 100 stores nationwide, the department store chain announced Thursday morning.

How much is Macy’s worth?

As of February 2014, Macy’s Inc. is valued at US$28 billion.

Is Macys Northgate closing?

On Wednesday, Macy’s officials confirmed that the closure date for the Northgate location has been moved up to “mid-2019.” The confirmation came after employees at the Northgate store told The Seattle Times they’d learned of the new closure date from managers at the start of their Wednesday shifts.