Macy's closing store at The Oaks Mall in Gainesville

Macys at the Oaks Mall in Gainesville. Photo by Kat Boonzaier/WGFL

Macy's announced today that it's store at The Oaks Mall in Gainesville will be one of 11 to close in early 2018.

The store will launch a liquidation sale Monday and run for about eight to 12 weeks, when it will finally close.

The closest remaining Macy's store is at the Paddock Mall in Ocala. A spokesperson says employees at the Oaks Mall store were told about the closing on Wednesday.

"Macy’s shared this information with store associates on January 3, 2018, because they are important to our organization and we wanted to make sure they heard about this change from the company. Regular, non-seasonal employees who we are unable to place at nearby locations will be eligible for severance, including outplacement resources."

A spokeswoman for General Growth Properties, which owns The Oaks Mall, declined an interview about the future of the mall but released the following statement: "While we are always sad to see tenants go, it brings an opportunity to bring new tenants, uses, etc. for the community. We're not ready to discuss plans yet but when we are we'll be sure to let you know."

Customers on Wednesday told us they were shocked and disappointed to hear the news.

"The high end department store leaves only Dillard's and their prices are a lot higher than Macy's," said Regina Dicharia. "So it's going to be hard for a lot of people."

Macy's says the closings are coming despite a solid holiday shopping season. The retailer has been struggling as online retailers like flourish. Itinitially announced it would close 100 stores back in 2016. So far, 81 of those have been announced. The company says it intends to close about 19 more as leases or covenants expire.

Macy's called it a difficult decision.

"Macy’s is delighted to have served this community over the years. We deeply appreciate the loyalty of our customers and associates," it said in a statement.

Macy's says it expects an annual savings of $300 million beginning in 2018, which it plans to reinvest in the business.

Here's a full list of Macy’s stores closing in early 2018.

Laguna Hills Mall, Laguna Hills, CA

Westside Pavilion, Los Angeles, CA

Novato (Furniture), Novato, CA

Stonestown Galleria, San Francisco, CA

The Oaks, Gainesville, FL

Miami (Downtown), Miami, FL

Magic Valley Mall, Twin Falls, ID

Honey Creek Mall, Terre Haute, IN

Birchwood Mall, Fort Gratiot Township, MI

Fountain Place, Cincinnati, OH

Burlington Town Center, Burlington, VT

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