Sunday, April 6, 2008

Value City Department Store closing all Mall locations


This is probably not new news to most of you, but VCDS has decided to close all their mall locations. I was flipping through the Detroit News today and saw a full page advertisement that said that 3 Metro Detroit Locations only have 8 days left and that all items are up to 60 percent off. Two of the locations are obvious, the stores at Livonia Mall and Universal mall. The 3rd location was Macomb mall in Roseville. Universal mall is as I already mentioned closing and will be torn down to build the newest fad in retail shopping; a lifestyle center. Livonia mall still has no plans to close that I am aware of, but I'm positive that this won't help matters. Macomb Mall does fairly well considering its age and proximity to Oakland and Lakeside and Eastland malls. I doubt this closure will hurt macomb much. I can totally see a Burlington Coat Factory and Steve and Barry's filling the vacant space.


VCDS has no plans to close any of their stand alone or strip mall store ( I only know of one, anyway) so thats good I suppose. I have been in several VCs and did not care form them much. It felt very generic and just blah. Nevertheless, it is another blow to the hurting retail landscape in Michigan; definately not what we need.