Macy's Inc. announced on its website Thursday afternoon it is closing the Temple Mall location.

The store will have a final clearance sale on Monday, May 15. The company did not give an exact closing date.

Macy's first quarter 2017 earnings report released Thursday showed a 14 cent per share decrease compared to the same time in 2016.

Macy's has been chasing a significant transformation to try to become more valuable to shoppers who have hundreds of other options to choose from, online or off.

The closure of the Temple Mall location is one of dozens of stores across the country that will close in 2017.