J.C. Penney, Macy's at Bay Shore Mall Safe From Corporate Closing Actions

Westfield Mall stores not part of retailers' cost-cutting plans.

West Islip shoppers can relax if they happen to be fans of J.C. Penney and Macy's at the Westfield South Shore Mall in Bay Shore as neither store is on the list of closures the brand name retailers have announced.

On Wednesday J. C. Penney Company stated  it will close 33 stores across the country and slice 2,000 jobs, which is expected to save the retailer $65 million dollars.

“As we continue to progress toward long-term profitable growth, it is necessary to re-examine the financial performance of our store portfolio and adjust our national footprint accordingly,” stated CEO Myron E. Ullman III in a statement.

“While it’s always difficult to make a business decision that impacts our valued customers and associates, this important step addresses a strategic priority to improve the profitability of our stores and position J. C. Penney for future success.”

A week ago Macy's announced plans to close five stores and layoff 2,500 workers.

“The actions being announced today reinforce our focus on continuous improvement in our M.O.M. strategies (My Macy’s localization, Omnichannel integration and Magic Selling customer engagement) and will help us to maximize the impact of the exceptional talent we enjoy at every level of our organization,” stated said Terry J. Lundgren, Macy’s chairman, president and chief executive officer, in a statement.

Gregory Cortelyou January 17, 2014 at 07:13 AM
The South Shore mall, while not world class by any stretch, has made a lot of improvements recently and it's quite nice. The new Macy's is a tremendous improvement. We need to shop in these stores to make sure they stay open. There is nothing more depressing than a mall that has been abandoned by its large anchor stores. I've seen one in another city. Horrible.


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