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Ballston Macy's, Recently Approved For Redevelopment, Among 5 To Shutter Across U.S.
A Virginia Macy's store is among a handful to shutter across the U.S., a spokesperson confirmed.
Macy’s will close five full-line locations located at Ballston (Arlington, VA), Bay Fair (San Leandro, CA), Kukui Grove (Lihue, HI), Simi Valley Town Center (Simi Valley, CA), and Governor’s Square (Tallahassee, FL).
The closures mean more than 2,300 employees will be laid off, CNN reports. A Macy's spokesperson said its workforce will be reduced by 3.5% "to become a more streamlined company."
“At Macy’s, we continue to reposition our store fleet to better meet the needs of our customers i…
TGI Fridays Closing Four Virginia Restaurants, 30 Total Locations Across Northeast
TGI Fridays is closing nearly 30 "underperforming" locations across the northeast and will sell eight restaurants to the chain's former CEO, the chain said in a news release.
The 27 closures include restaurants in Connecticut, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, and Virginia. In total, 36 TGI Fridays locations are shutting down nationwide.
The company says about 1,000 employees, which represent more than 80% of those impacted, will be offered transfer opportunities.
"As we continue along our path of transformation to revitalize the Fridays brand and …