FYE Store to Close at Lansing Mall on October 26

The entertainment retailer will shutter its location in Lansing after offering liquidation discounts to shoppers.

Updated on Oct. 21, 2026 in Retail

FYE Store to Close at Lansing Mall on October 26

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The FYE store located in Lansing Mall is scheduled to close permanently on October 26, 2026. The location is currently liquidating its remaining inventory with discounts reaching up to 60 percent.

Why it matters

Retailers like FYE face ongoing pressure to maintain profitability while covering high physical overhead costs, such as rent and staffing, in an era dominated by internet competition. The closure reflects broader industry challenges as malls pivot toward becoming dining and experience-focused destinations.

The company operated 260 stores as of February 2018, a figure that has declined to approximately 130 locations by late 2026. Macerich reported an average base rent of $66.92 per square foot for smaller mall stores in 2025.

The players

FYE

This entertainment retailer specializes in music, movies, and pop culture merchandise.

Lansing Mall

This shopping center serves the Lansing community and is currently navigating the changing retail landscape.

Macerich

This real estate investment trust owns and operates various shopping centers across the United States.

The details

As the Lansing Mall store prepares to cease operations, it has begun clearing stock with markdowns of up to 60 percent on its remaining music and entertainment merchandise. Physical retail outlets must weigh these operational costs against shifting consumer habits that favor online purchasing and digital alternatives.

Timeline

  1. February 2018: The parent company operated 260 stores in the FYE segment.

  2. 2025: U.S. vinyl revenue reached $1 billion.

  3. October 18, 2026: Closing signs were displayed at the Lansing Mall store.

  4. October 26, 2026: The Lansing Mall store is scheduled to close.

Market Landscape

The closure of this storefront contrasts with the broader growth of vinyl records, which generated $1 billion in U.S. revenue in 2025. This move reflects the retail sector's ongoing contraction as businesses prioritize online sales over high-cost mall environments.

Shoppers in the Lansing area can currently access liquidation discounts of up to 60 percent at the mall location before the store ceases operations. Residents should be prepared for the loss of this local entertainment outlet as the mall continues to evolve its tenant mix.

The takeaway

While the physical music retail market faces significant headwinds due to high operating costs, interest in vinyl records remains robust across the United States. Consumers may find deals at closing locations but should expect fewer brick-and-mortar options for physical media in the future.

Further reading

Learn more about the shifting retail environment in Lansing Retail.

Source note: This article includes information reported by The Tribune.

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Do you still prefer shopping at physical specialty stores over buying items online?