Stores Closing in the Treasure Valley
8 huge retail chains are shutting their doors and letting thousands of people go right here in the Treasure Valley.
The following stores are facing stiff competition from lower priced chains; the result means jobs lost and locations being shut down.
- JcPenney: The full list of closures is expected next month, but they plan to close 130-140 of their locations. Their are 9 JcPenney stores in Idaho, and according to the Idaho Statesman, right now it's unclear if Boise is on the hit list.
- Aeropostale: They are closing their store in Twin Falls, but their location in the Boise Towne Square Mall remains open for now. They lan to close 113 U.S. locations due to declining sales.
- Office Depot: 3 stores remain in the Treasure Valley, Boise, Nampa, and one in Meridian, but with 300 stores planning to close in the next 3 years, will these stores last?
- Sports Authority: According to KTVB, the Boise location closed last August.
- Macy's : According to The Consumerist, the location in Nampa will close in the next few weeks. 57 people will be let go because of the closure. In the meantime, nearly everything is on sale. Macy's does not plan to close their location in the Boise Towne Square mall.
WalMart, Kmart, and Polo Ralph Lauren are also closing hundreds of locations, but so far it looks like the Treasure Valley is not on the list.
In addition to these big retail chains, these locally owned stores have also closed or will be closing in the near future.
- Molenaar Jewelers off Broadway: The store was in business for 73 years until closing it's doors at the end of 2014.
- Ennis Fine Furniture Company: Fairview Avenue
- Farm City Fashion Corral in Nampa: They closed at the end of 2013, after 12 years in business.
- Hyde Park Books off of 13th Street in Boise. They had been open for 30 years, but closed their doors last spring.
- Nafziger's Men's Store in Nampa: Shut their store down after 69 years in Canyon County.