In January 2015, Macy's closed a furniture gallery and a store at the Westfield Promenade mall in Canoga Park. In October, a Macy's in North Hollywood closed after six decades at Laurel Plaza; its 193 employees were either offered severance package or hired at other store locations. Macy's did not confirm specifically that the 105 associates who work in the closing sections of its Simi Valley store would be granted the same arrangement, but a press release announcing the development stated that eligible full- and part-time employees would receive severance pay if not relocated. The company's Simi Valley store is one of 68 locations nationwide that will close in 2017, affecting around 3,900 employees. Macy's expects the closures to save $550 million in related expenses, about half of which will be channeled into improving its 662 remaining stores and building its online business.