Sections

Lowe’s to swallow Macy’s and MovieWorld in Douglaston

TimesLedger Newspapers
Share on TwitterTweet
Share on Facebook
Subscribe

Get our stories in your inbox, free.

Like TimesLedger on Facebook.

Plans have been filed at 242-02 61st Ave. in Douglaston for changes to the spaces currently occupied by Macy’s Department Store and MovieWorld theater. According to the city Department of Buildings, the Alt-1 permit is to convert the spaces into a Lowe’s Home Improvement Center.

The address is shared by both businesses which sit adjacent to each other.

Perry M. Petrillo Architects put in the application for the job in November.

Macy’s announced in August that its Douglaston location would be shutting down in conjunction with an August announcement that 100 stores would be shuttered around the country due to a decline in in-store sales.

“The announcements we are making today represents an advancement in our thinking on the role of stores, the quality of the shopping experience we will deliver, and how and where we reinvest in our business for growth,” Macy’s President Jeff Gennette said Aug. 11. “In the short term, our company’s topline sales will be somewhat smaller, but the changes being made will position us to grow comparable sales more quickly and generate a level of profitability that stands out among retailers,”

The move was undertaken to redesign the portfolio of the business to accommodate the decrease in revenue and retain $1 billion by cutting down on overhead.

“We’re getting out in front of this,” Chief Executive Officer Terry Lundgren said on CNBC. “We’re going to still have over 530 stores in all the key markets. Forty-nine of the top 50 markets in the United States when we’re done with all of this.”

Lundgren went on to note that Macy’s is slightly behind Amazon in sales, but the smaller portfolio of Macy’s stores supplemented with the company’s own online business should be a profitable game plan going forward.

The company’s sales from the first quarter of 2016 were down 7.4 percent from 2015’s $6.2 billion, according to Macy’s 2016 earning statement.

MovieWorld’s owners and Lowe’s Home Improvement Center could not immediately be reached for comment.

Reach reporter Mark Hallum by e-mail at mhallum@cnglocal.com or by phone at (718) 260–4564.

Updated 11:00 am, January 9, 2017
Today’s news:
Share on TwitterTweet
Share on Facebook
Subscribe

Get our stories in your inbox, free.

Like TimesLedger on Facebook.

Reader feedback

anon23 from Queens says:
There's nothing like killing off a place of entertainment that doesn't overcharge. Don't even think about that the owners of the movie theatre spent money renovating so that a family can have a few hours to have fun and be able to park for free. Now, it will be a true Shopping Center. Good going Lowe's, hope you're success is as good as your greed. You must have gotten a degree from the Donald Trump University.
Jan. 9, 2017, 1:35 am
Jose from Queens says:
It is upsetting to lose Macy's and MovieWorld. MovieWorld is a unique movie theater that doesn't over charge, and is not own by any big theater company. They charge matinee prices up until the afternoon and even offer deals. Yes they may not have the comfy chairs that some of the newer movie theaters but it is still is a family friendly place. Many organizations around the area have rented out the place for movies, and also a lot of kids have had their birthday parties at MovieWorld. It is a bit unfortunate to be losing them to Lowes. I am also not sure if this is the kind of crowd that this area should attract since it is mostly a quiet middle class neighborhood. I wonder if Lowes will make any changes to the shopping center like Fairway did by modifying the footprint from the old Walbaums. So a lowe's next to a liquor store...interesting.
Jan. 11, 2017, 4:57 pm
Madelyn from Bellerose says:
Movie World has been a staple in my family for years. It breaks my heart to hear it will be closed. The place is cozy and family friendly. I have so many beautiful memories there. The prices were always right so taking the family and splurging on all the movie day/night perks still left extra for Grimaldi's or Burger King. (You can't do that anywhere anymore. Everything is too expensive these days.) Lowes won't do good in that location. It's too low key. I'm so dissapointed.
Jan. 12, 2017, 1:56 am
Jeff from Bellerose says:
The Movie World was a disgusting, roach infested movie theater that was a real dive. I stopped going there years ago after what ever was stuck to my shoes did not come off!

Thank you Lowes for taking over this spot!
Macy's will be missed but it was a store that was truly neglected with clothes all over the floors and clearance racks that were never organized. You knew this store was closing soon
Jan. 12, 2017, 11:35 pm
Anon from Bayside says:
anon23, you must have voted for that loser who should have been locked up, hope is still there.....oh, that sounds like an Obama thing, Hopey Feely:)
Jan. 14, 2017, 11:36 am
Conchetta mauro from Bellerose ny says:
A great family theater. Not happy if it closes
Jan. 15, 2017, 10:02 am
Brenda from Middle Village says:
Sorry to hear MOVIE WORLD is closing. It was the only theatre that accommodates family and senior citizens.
Why can't they have Lowe and the theater?????
Always the changes are made,without considering the community.
SHAME ON LOWES!
March 8, 2017, 10:45 am
henry su says:
i believed Lowe's in will help a lot for every body's business's grows. also Lowe's could brings a lot of position for a lot of people in this area. from 19 to 30 yrs. I am here over 8 yrs.
I met a lot of youngest or some mid ages, they really want to have a job. even part time job. but they dont drive, also not a convenience public transport for whoever no car. people in this area need jobs. business needs to grow. people need their convenience. specially condo house here . they are most of the woman and families menbers
March 26, 2017, 2:06 pm
Another Anon from Fresh Meadows says:
Can't wait for Lowe's, Home Depot is too far away.
April 12, 2017, 9:17 am
Novella L from Oakland Gardens says:
A Walmart, TJMaxx, Marshalls would of been ideal in this neighborhood but not a Lowes. The Movie Theatre closing is terrible I love that it is so close.
July 2, 2017, 1 pm
Hal from Auberndale says:
I can't wait for Lowe's to open. It would be well served for me.
Aug. 13, 2017, 9:27 am
Kat from Fresh Meadows says:
Thank goodness Lowe's is coming. Home Depot needs some good competition. The Douglaston shopping center needed a desperate makeover and hopefully this will do the trick. As a homeowner I am excited about this addition.
Nov. 4, 2017, 5:40 pm

Enter your comment below

By submitting this comment, you agree to the following terms:

You agree that you, and not TimesLedger.com or its affiliates, are fully responsible for the content that you post. You agree not to post any abusive, obscene, vulgar, slanderous, hateful, threatening or sexually-oriented material or any material that may violate applicable law; doing so may lead to the removal of your post and to your being permanently banned from posting to the site. You grant to TimesLedger.com the royalty-free, irrevocable, perpetual and fully sublicensable license to use, reproduce, modify, adapt, publish, translate, create derivative works from, distribute, perform and display such content in whole or in part world-wide and to incorporate it in other works in any form, media or technology now known or later developed.

Classifieds

Do you know an immigrant in Queens who has made an impact on the community? Nominate a person who has made a difference for the 2018 Queens Ambassador Awards.
Community News Group

Don’t miss out!

Stay in touch with the stories people are talking about in your neighborhood:

Optional: Help us tailor our newsletters to you!