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The 54 employees impacted will be offered severance packages or jobs in other Macy’s stores, WCPO reported.
The company said it remains committed to Cincinnati, with 3,800 jobs at six other local stores, corporate headquarters and suburban office locations.
The retail giant said it looked forward to continuing to serve its customers at one of its six nearby locations, including Macy’s Anderson Towne Center, Kenwood Furniture, Kenwood Towne Centre, Northgate Mall, and Tri-County Mall.
Both Saks Fifth Avenue and Tiffany’s have co-tenancy clauses that allow them to terminate their lease if other big anchors leave the central business district, according to WCPO.
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