Macy's announced on Wednesday they will be closing several stores including the location at the Hickory Hollow Mall in Antioch.
According a release, employees of the five stores closing throughout the country may be offered positions in nearby stores where possible.
Regular full-time and part-time associates who are laid off due to the closings will be provided with severance benefits.
“We continue to be committed to maintaining a healthy portfolio of stores that allows us to focus on growth from our best and most productive locations,” said Terry J. Lundgren, Macy's chairman, president and chief executive officer. “This requires us to make some difficult decisions to close stores that no longer meet our performance requirements, as well as to open stores where we see opportunity.”
Final clearance sales at the closing Macy's locations will begin on Sunday and will continue for 10 weeks.
Council member Jacobia Dowell told Nashville's News 2 she was not surprised to learn that Macy's and Sears have both decided to close their doors at the mall.
“The mall hit its climax and had its peak and right now it's going through the change,” she said, adding, “I don't think many residents in this community are shocked. Frankly, I think a lot of people anticipated that Macy's and Sears would eventually leave the property at the mall.”
Dowell said despite the two anchor stores closing, she believes the mall is about to experience a rebirth.
According to Dowell, Nashville State Community College plans to move a satellite campus to the mall. She said there are also plans for a community center and library in the future.
“I think the future is bright for our community. I'm optimistic about it. I think we have a huge piece of real estate and there are unlimited possibilities we can do with it,” she said.
Macy's locations in Kansas, Maryland, Ohio and Texas are also scheduled to close later this year.