Macy's to continue Micronesia Mall operations amid nationwide closures

Macy's announced it will close 150 stores nationwide but Guam's location could be in the clear. 

The move is part of the retailer's “A Bold New Chapter” initiative, which aims to put a greater focus on luxury sales.

Macy's said it is shuttering unproductive locations, including approximately 50 by the end of the fiscal year.

A Macy's spokesperson told KUAM, “Our new strategy is designed to return Macy’s, Inc. to profitable growth and enhance the customer experience. We intend to close approximately 150 Macy’s stores over the next three years. This allows us to focus our investments and resources on Macy’s go-forward locations including full line, furniture, and current off-mall locations and Bloomie’s, Bloomingdale’s the outlet and Bluemercury stores."

The company added they look forward to continuing to serve our customers in Macy's Micronesia Mall.??