In a sign of the challenges facing brick-and-mortar retail, Macy’s announced Thursday morning that its downtown Miami store will close.
The downtown Macy’s, at 22 East Flagler Street, is one of 11 stores around the nation that the department store giant said would be getting the ax. The others are in California, Indiana, Idaho, Michigan, Ohio and Vermont. In Florida, the Macy’s story in Oaks Mall in Gainesville will also be closed.
The stores will begin clearance sales on Jan.8 that will run for eight to 12 weeks. Macy’s did not set an exact closing date for the Miami location.
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