Macy's To Close San Leandro Store: Closing Sales

SAN LEANDRO, CA — Macy's announced that it will close five stores this year, including the Bayfair Center store in San Leandro, according to the company and multiple news reports. Closing sales are expected to begin this month.

In a filing with the state, Macy's said that it would lay off San Leandro employees from March 19 - 31.

The San Leandro store employs some 60 people who will be offered a transfer to other stores or severance pay, if eligible, according to the San Francisco Chronicle. "At Macy’s, we continue to reposition our store fleet to better meet the needs of our customers in each of our markets. After careful consideration, we have decided to close our Macy’s Bayfair Center store," the spokesperson said in a statement to the Chronicle, while emphasizing, “We remain committed to delivering a seamless shopping experience to our customers across channels, including neighboring stores at Southland Mall, Stoneridge Shopping Center, Newpark Mall, Broadway Plaza, Hillsdale Mall; and a premier digital shopping experience.”

In fact, money saved through the closures is expected to be invested in existing stores and the company's online presence.

According to the Wall Street Journal, the other stores slated for closure are in Simi Valley in Southern California; Lihue, Hawaii; Tallahassee, Florida; and Arlington, Virginia.

All told, the company plans to lay off 2,350 employees from Macy's, Bloomingdale’s and Bluemercury, which are subsidiaries. In addition to store employees, the company plans to chop corporate jobs. Macy’s began notifying employees Thursday afternoon that the layoffs would occur Jan. 26, according to an internal memo obtained by the Wall Street Journal.

See more in the Wall Street Journal and San Francisco Chronicle.

ALSO SEE:

• Brand New 3 Bedroom Bay Area Homes For $183,925
• Bay Area Powerball Ticket Worth $349,972
• 3.4 Earthquake Felt In The Bay Area