Macy's at Medly Center in Irondequoit CLOSING
SOOOOO Sad!!!!
I used to be the Operations Director there
and know many of the employees who will be impacted.
Sophrena and I will definitely be stalking the store as the date gets closer
hoping for some HOT CLEARANCE Deals.
When other stores left this mall there were GREAT Deals to be had!
WHEC News Story
Macy’s at Medley Centre will be closing. That’s according to a filing with the New York State Department of Labor.
According to the paperwork, 82 employees will be laid off between April 9 and April 22 and the store will officially close on April 22.
The reason for the closure is economic. News10NBC learned late Wednesday afternoon Macy's plans to lay off 2,500 workers nationwide as it restructures.
Irondequoit Supervisor Adam Bello issued a statement saying, “This is a sad day for the employees and their families who work for Macy’s nationwide, and particularly here in Irondequoit. I have spoken with Macy’s and understand that this is part of a national restructuring, and they have assured me that they will work with employees to try and relocate them to other area stores. Today’s announcement also underscores why development at Medley Centre is critical to the economic wellbeing of Irondequoit, and why agreements made to develop the property must and will be enforced.”
RochesterHomepage.net News Story
Medley Center is losing an anchor store.
Employees at Macy's were told today Wednesday that the store is closing. We have not yet been told what day the department store is shutting down. Medley Centre is virtually empty and plans to redevelop the property have stalled. The layoffs, however, are part of a nationwide cut that Macy's is implementing.
In a statement, the company said "changes being announced today are estimated to generate savings of approximately $100 million per year beginning in 2014. These savings are incorporated in the company's 2014 earnings guidance. In conjunction with the implementation of these cost reductions, as well as of store closings and asset impairment charges, an estimated $120 million to $135 million of charges; of which $50 million to $55 million is expected to be non-cash, will be booked in the fourth quarter of 2013. These changes were not previously included in earnings guidance provided the company. "
Only Sears will remain at the site.
