We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Is the Macy's in my mall going to close? Uncovering the factors associated with the closures of Macy's, Sears, and J.C. Penney stores.
- Authors
Tokosh, Joseph
- Abstract
This study analyzes three national department store chains in order to identify the factors most associated with their store closures. A binary logistic regression revealed some consistencies and differences in the associations. Larger stores are less likely to close for all three chains. Macy's and Sears stores are less likely to close in large malls (than freestanding stores) and if they are located in the West. J.C. Penney stores in the west are also less likely to close than in other regions, but stores in large shopping centers are more likely to close than freestanding stores. Store age was only significant for J.C. Penney stores, and indicated that older stores are more likely to close. Implications for retail managers and city economic vitality are mentioned and future research possibilities are discussed.
- Subjects
MACY'S Inc.; SEARS Brands LLC; J.C. Penney Co. Inc.; DEPARTMENT stores; BUSINESS failures; RETAIL store closures
- Publication
Growth & Change, 2019, Vol 50, Issue 1, p403
- ISSN
0017-4815
- Publication type
Article
- DOI
10.1111/grow.12269