View Full Version : Macy's at Penn Square Closing?



vince
12-08-2016, 06:25 PM
I read on the Business Insider website that Macy's Penn Square is one of the top 25 stores targeted for closing after the holiday season. That would completely eliminate Macy's from the OKC market. Does anyone have any information on this? Is it definite that it will close or is that just speculation?

Chadanth
12-08-2016, 07:18 PM
Sounds like a good place for a Nordstrom.

SomeGuy
12-08-2016, 07:55 PM
I doubt Macy's would close their Penn Square location, if anything they'd close one of the Tulsa locations.

Plutonic Panda
12-08-2016, 08:48 PM
Wow if that's true then very embarrassing for OKC if the city really can't even retain a Macy's.

Plutonic Panda
12-08-2016, 08:49 PM
Do you have a link to that? I don't buy it.

Plutonic Panda
12-08-2016, 08:56 PM
Never mind just found it.

http://www.businessinsider.com/list-of-macys-stores-closing-2016-11

You know, imo, it's rather sad to see these closing. I can certainly understand some of them, but hopefully they can somehow stay in business. They just spent a sh!tload of money on the new downtown Los Angeles Flagship store. Sad to see the Times Square Toy R Us go away. Sears. Radio Shack. FAO. I would think with an adaptive business model they could survive. Darwin wasn't wrong, though.

Bunty
12-08-2016, 09:37 PM
Online retailing is still trying to destroy brick and mortar. Yet, Amazon is trying to show how it can be saved by recently opening a grocery store with no checkout lines. Just check into the store with your smartphone. Why didn't Wal-mart think of that with their Neighborhood Market stores? However, not sure it would save department stores like Macy's.

jonny d
12-09-2016, 05:03 AM
Wow if that's true then very embarrassing for OKC if the city really can't even retain a Macy's.

I really don't think it is embarrassing. I know most of my friends shop online for EVERYTHING! I shop for clothes on Nordstrom's website. If they opened here, I would shop in store. Aside from that, I (and most people) havve very little need to shop at Macy's (especially since OKC's is garbage).

BBatesokc
12-09-2016, 05:16 AM
Wow if that's true then very embarrassing for OKC if the city really can't even retain a Macy's.

How is that 'embarrassing for OKC' -- I think it's far more embarrassing for Macy's.

What, Oklahoman's just aren't hip enough to get they should be buying their clothes from Macy's?

I've bought a shirt or two at Macy's in the past, but it's certainly not my goto place. There is nothing unique about their offerings... I can get the same stuff other places and all without going to the mall, often cheaper and if shopping online - no sales tax.

These are the same obstacles most every B&M store faces. The difference being, Macy's should have the marketing talent and budget to overcome or at least compete in spite of those obstacles.

Shame on Macy's, not shame on OKC.

SoonerDave
12-09-2016, 05:51 AM
How is that 'embarrassing for OKC' -- I think it's far more embarrassing for Macy's.

What, Oklahoman's just aren't hip enough to get they should be buying their clothes from Macy's?

I've bought a shirt or two at Macy's in the past, but it's certainly not my goto place. There is nothing unique about their offerings... I can get the same stuff other places and all without going to the mall, often cheaper and if shopping online - no sales tax.

These are the same obstacles most every B&M store faces. The difference being, Macy's should have the marketing talent and budget to overcome or at least compete in spite of those obstacles.

Shame on Macy's, not shame on OKC.

Wish we had a "Like" button. All I can say is "right there with ya..." Macy's is the last place I look for most anything. Not up to me to go there because some hipsters say I should.

Pete
12-09-2016, 08:03 AM
I would be very surprised if that Macy's closed as the mall is booming otherwise.

Worst case, I'm sure they could find a replacement tenant very quickly.

brianinok
12-09-2016, 08:51 AM
If Penn Square could get Nordstrom I'd be okay with this. The QSM Macy's was HORRIBLE. The PSM Macy's is better, but is still pretty bad. It just does not compare to Dillard's (at Penn or Quail), which I think is their main competition. It also does not compare to Macy's in other cities in which I have visited. If you go into Macy's in other cities the selection is far superior to the selection in OKC. If Macy's closes it has no-one to blame but itself.

I TRIED to give them a chance, but Foley's was so much better (who would have thought?). I haven't bought anything at either OKC Macy's in 2-3 years. Of course all that's left is Penn, but the selection just doesn't compare to Dillard's, and they bombard you with in-store brands whose design is blasť. Why go there over Dillard's?

Having said that, if Penn can't secure Nordstrom, I would hope Macy's can stay open. I would hate for Penn to have to devalue to a Belk or something. Of course, a Saks or Von Maur or something would be good if Nordstrom wouldn't come.

jbkrems
12-09-2016, 09:51 AM
I think it is speculation that Macy's would close at Penn Square. They just closed at Quail this year. The list that Business Insider relied on was actually generated last August and included Quail Springs Mall. It did not include Penn Square. PSM Macy's is underperforming, but they have restructured their staffing after the QSM Macy's closed and are hoping to reinvigorate sales at PSM.

I think Macy's will stay at PSM for the foreseeable future. If things progress, Macy's could close at PSM several years down the road, and if that happens, Nordstrom would be the best tenant for that space.

vince
12-09-2016, 10:28 AM
If Penn Square could get Nordstrom I'd be okay with this. The QSM Macy's was HORRIBLE. The PSM Macy's is better, but is still pretty bad. It just does not compare to Dillard's (at Penn or Quail), which I think is their main competition. It also does not compare to Macy's in other cities in which I have visited. If you go into Macy's in other cities the selection is far superior to the selection in OKC. If Macy's closes it has no-one to blame but itself.

I TRIED to give them a chance, but Foley's was so much better (who would have thought?). I haven't bought anything at either OKC Macy's in 2-3 years. Of course all that's left is Penn, but the selection just doesn't compare to Dillard's, and they bombard you with in-store brands whose design is blasť. Why go there over Dillard's?

Having said that, if Penn can't secure Nordstrom, I would hope Macy's can stay open. I would hate for Penn to have to devalue to a Belk or something. Of course, a Saks or Von Maur or something would be good if Nordstrom wouldn't come.

I would love Nordstrom, too, but I have read that they are cutting way back on new store openings and that most of their new store openings will be Nordstrom Rack, which we already have. I also know from living on the West Coast for most of my life that Nordstrom tends to only go into malls with certain other upscale stores such as Saks. Is Von Maur doing well enough at Quail Springs to warrant a second OKC location?

vince
12-09-2016, 10:34 AM
I think it is speculation that Macy's would close at Penn Square. They just closed at Quail this year. The list that Business Insider relied on was actually generated last August and included Quail Springs Mall. It did not include Penn Square. PSM Macy's is underperforming, but they have restructured their staffing after the QSM Macy's closed and are hoping to reinvigorate sales at PSM.

I think Macy's will stay at PSM for the foreseeable future. If things progress, Macy's could close at PSM several years down the road, and if that happens, Nordstrom would be the best tenant for that space.

No, this was published on November 21st, 2016. It does begin with a list of confirmed closures that includes Quail Springs, but if you continue to read, there is a list of 28 possible closures for 2017 and Penn Square is on that list. http://www.businessinsider.com/list-of-macys-stores-closing-2016-11

Pete
12-09-2016, 11:58 AM
From the they-only-have-themselves-to-blame files...

I ordered something from them on-line and elected to pick it up in the store rather than have it shipped.

So, I go over there today and I can't find the on-line pickup spot. I stood in a long line just to be told I was in the wrong place. When I found it, it was just a regular register with people buying stuff, so I again waited in a long line.

An employee noticed me clutching my on-line receipt and volunteered to retrieve my item. After about 10 minutes she came back with it.

As the same time the woman in front of me was now 15 minutes into trying to do a credit application through their point of sale. She didn't know what she was doing and was nowhere close to even completing that let alone completing her purchase.

So, I realized I had already paid for the darn item, was holding in my hand and I just left. Not going to stand in line forever just so someone could verify I had already paid for something.


Get a better process Macy's! At least have a dedicated place for on-line stuff. And please, please stop trying to sell every single person on a Macy's account and then have them stand at the register forever inputting their info while legions wait.

Pete
12-09-2016, 12:01 PM
I will also say that Macy's has moved into a merchandising model whereby they pack as many racks as they can in the store, including the aisles.

And, they then jam stuff on the racks so tightly you can barely get to the things of interest.

I realize this is a desperate attempt to squeeze more sales out of the same square footage, but from my perspective, this approach is a great disincentive to go into one of their increasingly junky stores.

This is all relatively new because they have been in California for decades and had always been a pretty nice store.

shadfar
12-09-2016, 12:02 PM
Online retailing is still trying to destroy brick and mortar. Yet, Amazon is trying to show how it can be saved by recently opening a grocery store with no checkout lines. Just check into the store with your smartphone. Why didn't Wal-mart think of that with their Neighborhood Market stores? However, not sure it would save department stores like Macy's.
The no line Amazon grocery store sounds too good to be true. It would be great!

traxx
12-09-2016, 12:11 PM
I'm with many others on here. If Macy's can't make it work at one of the better malls like PSM, then they can't make it anywhere. It's actually pretty amazing that PSM does as well as it does. Malls are not the place to be anymore. I have two teenage sons and neither go to the mall to just hang with friends and they would rather not shop at the mall. They only go if they have to. It's not the '80s anymore, malls are having a tough time all over the place. PSM is doing quite well in those regards.

Pete
12-09-2016, 12:16 PM
At 11AM this morning, you could barely find a space.

I agree that there are now lots of other options, but that mall in particular seems to be going very strong.


But besides being a hassle here's my other big gripe about malls: They've turned into a gauntlet of annoying salespeople hassling you every step of the way. Gets really old.

David
12-09-2016, 12:18 PM
I think it is speculation that Macy's would close at Penn Square. They just closed at Quail this year. The list that Business Insider relied on was actually generated last August and included Quail Springs Mall. It did not include Penn Square. PSM Macy's is underperforming, but they have restructured their staffing after the QSM Macy's closed and are hoping to reinvigorate sales at PSM.

I think Macy's will stay at PSM for the foreseeable future. If things progress, Macy's could close at PSM several years down the road, and if that happens, Nordstrom would be the best tenant for that space.

Yeah, that article has nothing but speculation about Penn Square.

- The only impending closures that Macy's has confirmed are the following:
-- List that does not include Penn Square

- In August, Morningstar analysts identified 28 stores that are most at risk for closures.
-- Analysis from an credit rating firm, not actually Macy's, does include Penn Square

- The business analytics firm 1010data has also made a prediction on where closures are most likely.
-- Another non-Macy's source, list does not include Penn Square

jdcf
12-09-2016, 12:46 PM
Someone might check me, but the last time I was in the store, perhaps 6 months ago, there was no public men's room. The upstairs bathroom was closed. Surely a temporary thing???

Pete
12-09-2016, 01:06 PM
Someone might check me, but the last time I was in the store, perhaps 6 months ago, there was no public men's room. The upstairs bathroom was closed. Surely a temporary thing???

Yes, it's back open now.

mugofbeer
12-09-2016, 03:07 PM
I dont buy it either. This wasnt the store announcing but analysts opinions. its too good a location. As for Nordstroms, if Macys cant make it, no way Nordstrom will since it is significantly more expensive.

tfvc.org
12-09-2016, 03:10 PM
When my Spanish friend and I were planning her trip to visit me in 2014 she was really excited to come here and shop at Macys. In the past she has had me order stuff online and ship it for her, and it was one of her favorite US retailers. When she came we went there and we spent a long time shopping there. She was thoroughly disappointed because all the clothes were "for old ladies" and I think she only ended up buying some seashell themed towels for the bathroom. The Macy's in OKC seems to only cater to the rich old ladies in Nichols Hills. I also took her to the Outlet Mall and she fell in love with that, we ended up going there three times, and she spent thousands there. (She likes expensive purses).

GaryOKC6
12-09-2016, 03:21 PM
I would be surprised if this were true. Macy's has said in the past that this is one of their top performing stores.

Plutonic Panda
12-09-2016, 04:09 PM
Nm

Chadanth
12-09-2016, 04:12 PM
From the they-only-have-themselves-to-blame files...

I ordered something from them on-line and elected to pick it up in the store rather than have it shipped.

So, I go over there today and I can't find the on-line pickup spot. I stood in a long line just to be told I was in the wrong place. When I found it, it was just a regular register with people buying stuff, so I again waited in a long line.

An employee noticed me clutching my on-line receipt and volunteered to retrieve my item. After about 10 minutes she came back with it.

As the same time the woman in front of me was now 15 minutes into trying to do a credit application through their point of sale. She didn't know what she was doing and was nowhere close to even completing that let alone completing her purchase.

So, I realized I had already paid for the darn item, was holding in my hand and I just left. Not going to stand in line forever just so someone could verify I had already paid for something.


Get a better process Macy's! At least have a dedicated place for on-line stuff. And please, please stop trying to sell every single person on a Macy's account and then have them stand at the register forever inputting their info while legions wait.

Not to be snooty, but this is why I shop at Nordstrom rather than Macy's when possible. Good selection of mid-tier stuff at good prices, and the customer service absolutely blows Macy's or Dillard's away. It's like target vs Walmart.

ljbab728
12-09-2016, 09:54 PM
But besides being a hassle here's my other big gripe about malls: They've turned into a gauntlet of annoying salespeople hassling you every step of the way. Gets really old.

Can you elaborate on what you mean by that? I never have annoying salespeople hassling me when I go to the malls. I find most of them to be very polite and helpful.

Swake
12-09-2016, 10:18 PM
Business Insider is really not a solid news site. I would not put a lot or really any faith in this article. Macy's isn't pulling completely out of OKC. That's silly.

Pete
12-10-2016, 06:14 AM
Can you elaborate on what you mean by that? I never have annoying salespeople hassling me when I go to the malls. I find most of them to be very polite and helpful.

I mean the people at the kiosks and food courts constantly trying to give you free samples, etc.

brianinok
12-10-2016, 07:03 AM
Not to be snooty, but this is why I shop at Nordstrom rather than Macy's when possible. Good selection of mid-tier stuff at good prices, and the customer service absolutely blows Macy's or Dillard's away. It's like target vs Walmart.Customer service does lack at Macy's. But I've never had a problem at Dillard's. And I shop at Dillard's a lot. You can't put the [management] organization and customer service level of Macy's and Dillard's in the same sentence and be taken seriously by me.

Having said that no store has better service than Nordstrom. Dillard's is good for this market, but if anyone has shopped at Nordstrom they know their service level is unmatched perhaps in all of retail. As much as I like Dillard's, Nordstrom has superior service and there is no match.

As a side note, I think Von Maur is probably between. They certainly don't rise to the level of Nordstrom but they're probably better than Dillard's.

Chadanth
12-10-2016, 07:08 AM
Customer service does lack at Macy's. But I've never had a problem at Dillard's. And I shop at Dillard's a lot. You can't put the [management] organization and customer service level of Macy's and Dillard's in the same sentence and be taken seriously by me.

Having said that no store has better service than Nordstrom. Dillard's is good for this market, but if anyone has shopped at Nordstrom they know their service level is unmatched perhaps in all of retail. As much as I like Dillard's, Nordstrom has superior service and there is no match.

As a side note, I think Von Maur is probably between. They certainly don't rise to the level of Nordstrom but they're probably better than Dillard's.

Dillard's is very good at in-person retail, but their online presence is awful. Macy's is the reverse, and the customer count at their respective stores at PSM reflect that. I've not spent enough time or money in Von Maur to really gauge their customer service.

jbkrems
12-10-2016, 01:22 PM
Von Maur has excellent customer service. However, they DO have a problem keeping good people. I know one person who was a great manager there in men's, and sad to say she left for better opportunities. Von Maur cut short her potential there because of their internal policies. I still do patronize and shop at Von Maur. I recently bought a dress shirt there on sale and it was a really good deal for the brand. I would say that Dillards has good customer service, and "great" if you get to know certain sales associates. At Dillard's, I always try to get a sales person to help me who I have gotten to know personally, because they have gotten to know me. At Von Maur, I do not have to worry about their issue because they just have better customer service. And yes, Nordstrom tops them all.

Uptowner
12-10-2016, 03:37 PM
I'm with Pete on the kiosk thing. They're so packed in there this time of year, and between phone repair, back rubs, eye brow threading, cured meats, and that **** from the Dead Sea im supposed to rub on my face. I find myself shooting menacing glares at sales people like I'm running the gauntlet in Tijuana. As if to say, "look here ese, I'm loco! I'll take that peperidge farm gift basket and shove it up your culo!"

I just have one of those faces that says "I'll buy your crap." I suppose.

ljbab728
12-10-2016, 08:26 PM
I mean the people at the kiosks and food courts constantly trying to give you free samples, etc.
Interesting. I don't remember ever having an experience like that at the mall. Maybe they just know by looking at me that they are wasting their time.
:)

riflesforwatie
01-04-2017, 03:32 PM
Macy's at Tulsa Promenade to close:

http://www.fox23.com/news/macys-to-close-tulsa-promenade-mall-store/481224601

Bunty
01-04-2017, 04:10 PM
Dillard's is very good at in-person retail, but their online presence is awful. Macy's is the reverse, and the customer count at their respective stores at PSM reflect that. I've not spent enough time or money in Von Maur to really gauge their customer service.
Dillard's sure knows how to put on a big sale. On New's Year's Day, hordes of people came out for their 50% off sale in every part of the men's section. It was impossible to find a parking spot on the south and west side of Penn Square. In the other anchor stores it was only like another Sunday.

AMOKC85
12-25-2021, 05:33 AM
I went in here a couple of days ago and this store looks like itís getting ready to close. There were entire section where there may have been 10-15 racks before with only 1-2 now. A whole section had 3-4 shelving units with toys 60% off a display for kids to write letters to Santa but nothing else. The fragrances were packed in to the display cases but there was none of the usual marketing materials or displays.
There were hardly any suits in the menís suit section and I canít imagine there was a run on menís suits all of a sudden. Even the backstage section looks skimpy. So 1 of 3 things, the store is closing, being remodeled or the supply chain issues have severely affected them so much that it looks like they only have a few things to sell.

chssooner
12-25-2021, 09:17 AM
It is so sad. Simon has put no money into that mall in years, in terms of a full scale renovation or expansion. Almost like they forget it exists.

Ward
12-25-2021, 11:09 AM
^^^^^ It's my understanding that the reason Williams Sonoma moved out was because Simon was not taking care of them, there was a multi year history of roof leaks that were disasatrous and really hurt Williams Sonoma.

There's no reason, I think, that OKC can't support a Williams Sonoma.

scottk
12-25-2021, 08:26 PM
Not saying it isn't possible, but...I don't see any retail department stores expanding anywhere anytime soon. The link below shows Nordstrom's isn't currently slated on opening any new stores anywhere in 2022 or 2023, other than a remodel/relocation of a store in Kansas City.

https://www.nordstrom.com/browse/about/future-store-openings

As for Macy's, their fate is probably similar as JCPenney's and SEARS, it was just delayed. These large department stores don't seem to bring in the people like they use to since many of the items they sell can be obtained in much easier or cheaper methods. Dillards has somehow survived relatively healthy, as they have not closed near the number of locations compared to the other mid-tier department stores.

With more people working from home long term, and many companies relaxing their dress code, the need for someone to buy a suit isn't the same as it was even 10-15 years ago. TARGET, Amazon, etc have also chipped away at the share of small appliances and bedding/bath items.

OkieDoll
12-29-2021, 03:22 AM
I went in here a couple of days ago and this store looks like it’s getting ready to close. There were entire section where there may have been 10-15 racks before with only 1-2 now. A whole section had 3-4 shelving units with toys 60% off a display for kids to write letters to Santa but nothing else. The fragrances were packed in to the display cases but there was none of the usual marketing materials or displays.
There were hardly any suits in the men’s suit section and I can’t imagine there was a run on men’s suits all of a sudden. Even the backstage section looks skimpy. So 1 of 3 things, the store is closing, being remodeled or the supply chain issues have severely affected them so much that it looks like they only have a few things to sell.
I sure hope not. I'm personally a big Macy's fan. It's an iconic store and one-stop shop, but closing the Macy's started the downfall of Quail Springs Mall.

scottk
12-29-2021, 03:44 PM
I sure hope not. I'm personally a big Macy's fan. It's an iconic store and one-stop shop, but closing the Macy's started the downfall of Quail Springs Mall.

Quail Springs I think is still relatively healthy. They had to diversify their offerings to stay relevant. Round One and Blue Zoo were two good mid-sized tenants to draw in families. LifeTime Fitness essentially replaced Macy's. All three of these offer something that draws in a wide variety of people. The Penn/Memorial corridor is still very healthy and sought after.