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

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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

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The Hill

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Boston Herald

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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

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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