Grand Teton Mall is looking at another empty anchor with the departure of Macy's. The company announced Jan. 6 it is closing the eastern Idaho store in March.
"This closure is part of the company’s strategy announced in early 2020,” Media Relations Director Emily Workman wrote. The department store chain announced in February it planned to cut 2,000 jobs nationwide and close one-fifth of its stores or roughly 125 locations by 2023. Macy’s shuttered approximately 30 stores in 2020. The Idaho Falls store is one of about 45 scheduled to be shuttered.
“Regular, non-seasonal colleagues who we are unable to place at nearby Macy’s stores will be eligible for severance, including outplacement resources,” Workman said.
Macy’s first opened at the Grand Teton Mall in the early 2000s after purchasing the space formerly occupied by the Bon Marche. When the mall opened in 1984, there were four anchor tenants: JC Penney, ZCMI, Sears and the Bon Marche. Only JC Penney remains. Sears closed down in 2019 and ZCMI was replaced by Dillard's.
A clearance sale will begin at the Idaho Falls Macy's this month and run for 8 to 12 weeks. The store is open 11 a.m. to 8 p.m. Monday through Thursday, with a 9 p.m. closing time Friday and Saturday. It closes at 7 p.m. on Sunday.
