Over the past decade, the Providence Place Mall has lost major stores like JCPenney, Nordstrom and Gap. Macy’s, the largest department store chain in the United States, announced in late February that it will close 150 stores over the next two years.
While Macy’s has yet to announce what locations will be closed nationwide, certainly there is concern at Providence’s primary retail destination about the mall’s anchor store.
Macy’s called the 150 stores it plans to shutter “underproductive” and plans to begin closing retail outlets, including 50 by the end of 2024.
The Public Radio’s Luis Hernandez spoke to Providence Business News reporter Katie Castellani about the future of Macy’s in Providence. The full interview can be found here.
