“After careful consideration, Macy’s has decided to close our College Mall location in Bloomington. This closure is part of the company’s strategy announced in early 2020,” Olivo said. “Regular, non-seasonal colleagues who we are unable to place at a nearby Macy’s store will be eligible for severance, including outplacement resources.”
Clearance sales at the affected stores are expected to begin this month.
The College Mall location will be the third Macy’s store to close in the last four years. The retailer announced in 2018 it was shuttering its location at Honey Creek Mall in Terre Haute, followed by the Glendale Town Center location in Indianapolis in 2019.