Macy's Confirms Closure of 66 Underperforming Stores Across the U.S.

Macy's is set to close 66 stores as part of a strategy to focus on profitable locations, aiming to close a total of 150 by 2026.

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Macy's will close 66 stores this year. Here is where they are.

CBS News

Macy's is closing 66 locations this year — see if yours is on the list

Business Insider

Macy’s and Kohl’s Announce Closures of 93 Stores in Total

Epoch Times

Macy’s confirms closure of 66 stores

Straight Arrow News

Macy’s is closing 66 locations. See if your store is on the list | Business

CNN

Macy’s, Kohl’s announce nationwide store closures: Here’s where

The Hill

Massachusetts Macy’s store shutting down amid nationwide closures: ‘We are closing underproductive Macy’s stores’

Boston Herald

Macy’s shutting dozens of stores as part of new strategy following lackluster 2024

New York Post

Macy's lists 66 'underproductive' stores set for closure; over 80 closures still to come

USA TODAY

More Macy's stores to close in 2025. See the list of closing locations.

Axios

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Overview

A summary of the key points of this story verified across multiple sources.

Macy's will close 66 stores across 22 states in 2025, as part of a broader plan to shutter 150 underperforming locations by 2026. The closures are part of the 'Bold New Chapter' strategy, aimed at reallocating resources toward profitable stores. This move comes amid a significant rise in U.S. retail closings, with over 7,100 announced through November 2024. CEO Tony Spring emphasized the need to focus on better-performing locations, as the retailer competes with lower-priced options and online shopping. Macy's plans to invest in its successful brands, including Bloomingdale's and Bluemercury.

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