TWIN FALLS — Macy’s will be closing in the Magic Valley Mall next spring.
The company announced this week that it has reviewed its real estate portfolio across the U.S. and has decided not to renew the lease on its Twin Falls store. The 61,000 square-foot store will close at the end of March.
The store opened in Twin Falls in 1987.
“The decision to close stores is always a difficult one, but Macy’s is delighted to have served this community over the years and we look forward to continuing to do so at Macy’s other stores and on-line at macys.com,” Macy’s Inc. said in a statement.
Macy’s store associates were told of the decision on Monday. Regular, non-seasonal employees who do not take positions elsewhere in the company will be eligible for severance, including outplacement resources.
The Magic Valley Mall provided the following statement in response to the announcement: “Magic Valley Mall has had a great partnership with Macy’s for over 30 years. With Macy’s departure, we look forward to the opportunity to introduce fresh retail, entertainment and restaurants to the community.”
Macy’s announced about a year ago it would close 100 stores in the U.S. The one in Nampa was among 68 slated for closure this year.