We’re With You Every Step of the Way Murray’s Shoes has been a family run business since 1875, and we are proud to have our fourth generation in the store. We are among only a few retail shoe stores in America to have established such a long line of heritage, history, integrity, trust and dedication. This is the foundation the Murray Family and employees live by. As a shoe store our goal is to provide the largest selection of comfort footwear with the best quality and support features available. Our footwear selection is a balance of fashion and wellness shoes. With over 138 years of experience in the shoe business, it is our dedication to you to professionally and proportionally fit your feet with the proper shoes and accessories, to help you look great and feel even better.CHAMPAIGN — Farewell to Eddie Bauer, The Limited and Track 'N Trail stores. The Limited and Eddie Bauer stores continued their closing sales at Champaign's Market Place mall last week, with The Limited expected to wrap up for good Saturday and Eddie Bauer set to close later in January.
The Track 'N Trail shoe store didn't renew its lease and will step out at the end of the month, according to Market Place General Manager Dennis Robertson. Still unknown is what's in store longer-term for a larger chunk of mall real estate — Macy's. The department store chain announced plans last August to trim 100 stores, and the first 68 closings announced Wednesday didn't include the Macy's at Market Place, though the Macy's at Bloomington's Eastland Mall is set to close March 31. About any remaining closings, Macy's isn't saying. "There will be more announcements at a later date. Nothing at this time," said Macy's spokeswoman Andrea Schwartz. Robertson said Macy's owns its own space at the Champaign mall, and any information about the store's future "is all going to be released by Macy's." News outlets across the country have been reporting closings under way at The Limited stores, and Bloomberg reported last month that a bankruptcy filing for the women's fashion chain was expected within weeks.
Nationally, sluggish mall traffic and changing consumer patterns have been blamed for at least part of ailing brick-and-mortar retailers' woes. More people shopped online than in stores on Thanksgiving weekend 2016, according to a National Retail Federation survey. Bergner's parent Bon-Ton Stores spoke of a double pinch in its November third-quarter earnings report — unseasonably warm weather affecting cold weather sales, plus "prevailing soft mall traffic trends." Macy's — which also just announced a 2.1 percent decline in sales for November and December 2016 over those same months the previous year — said its plans to close 100 stores over the next few years is an important part of its strategy to help right-size its physical footprint as it expands its digital reach. "We are closing locations that are unproductive, or are no longer robust shopping destinations due to changes in the local retail shopping landscape, as well as monetizing locations with highly valued real estate," the chain's chairman and CEO, Terry Lundgren, said in a statement Thursday.
Robertson said foot traffic at Market Place mall this past holiday season appeared to be good. Two other favorable signs may include some stores remaining at Market Place while their chains have plans to cut some locations loose elsewhere. Among them, the teen fashion chain Aeropostale, which filed for chapter 11 bankruptcy protection last year and began closing sales at some of its stores last fall, has been closed recently at Market Place for remerchandising and redecorating and just reopened with a fresh look. Finish Line, an athletic shoe and apparel chain, recently completed a remodel of its Market Place store before the holiday season, Robertson said. A year ago, the chain said it would close about one-quarter of its locations. Meanwhile, The Limited store is closing next week at the Eastland Mall, and a RadioShack store at that mall is also set to close at the end of the month. But Eastland Mall's owner, CBL Properties, is already lining up plans to buy the property of the departing Macy's store from Macy's and redevelop it, according to CBL spokeswoman Melissa Cavanagh.
"We see this decision as an excellent opportunity for CBL to elevate the Macy's building into an even more productive use for Eastland Mall," she said. "It is too early to announce any concrete plans, but in anticipation of this closure we have proactively engaged in discussions with a number of retailers and other users." Robertson doesn't look for the Market Place mall spaces being vacated by Eddie Bauer, The Limited and Track 'N Trail to be vacant for long. Shoppers can expect to see some tenants moving around in the first quarter of the year, and conversations are in progress with other interested tenants, he said. "This is a great property," Robertson said. "I hope most of the people who shop here agree."BLOOMINGTON, Ill. - Macy's will close its Bloomington location, at Eastland Mall, by the end of 2017.The press release sent out Wednesday said that the company is closing 68 stores. Most of them will close in early spring, although it is unclear when the Bloomington location will shut down.
The company is expecting its sales to take a $575 million dollar drop with the closings.Macy's estimates nearly 4,000 people will lose their jobs."We are closing locations that are unproductive or are no longer robust shopping destinations due to changes in the local retail shopping landscape, as well as monetizing locations with highly valued real estate,” said Terry J. Lundgren, chairman and chief executive officer of Macy’s, Inc. “These are never easy decisions, and we are committed to treating associates affected by these closings with respect and transparency.” The Macy's in Peoria closed last year.In a statement Eastland Mall officials told us:"CBL has a long track record of successfully replacing or redeveloping anchor locations that has resulted in a win-win for the consumer and our mall properties. Over the last three years, CBL has taken anchor locations and turned them into retail, dining, and entertainment destinations that have completely changed the dynamic of the mall property."
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