Ohh noooo...Macy's at Water Tower Place on Michigan Avenue is closing!
Macy's announced Tuesday the company will close its storefront in Water Tower Place on Michigan Avenue.
"After careful consideration, Macy’s has decided to close our Water Tower Place location. This closure is part of the company’s strategy to right-size its store fleet, announced in early 2020," Macy's said in a statement.
Macy's said the company contacted store associates Tuesday morning concerning the closure. Workers who were unable to be placed at a nearby Macy's store will be eliable for severance, the company added.
Macy's announced a clearance sale will begin this January and will run for about eight to 12 weeks.
Chicago's State Street Macy's location, along with storefronts in Old Orchard, Oakbrook, Woodfield, Orland Park and Hawthorn Court, will remain open, the company said.
Chicago Mayor Lori Lightfoot said Macy's Water Tower decision came even before the coronavirus pandemic fully hit the area.
Aw, this makes me sad. Macy's was such a staple of Water Tower. It's been there for 45 years! I wonder what will take its place.