Macys Store Closings 2025. The next round of expansion. Macy's plans to close approximately 150 stores nationwide as part of a massive reorganization that will see it pivot to a greater focus on luxury sales.
The department store chain has closed roughly 300 stores since 2015, including closing 45 macy’s locations in 2021 and 28 locations in 2020. Fifty stores will close in 2024 with another 100.
By 2026, Macy's Says It Will Shut Down 150.
Macy’s store closings stores in four states to start liquidation sales, the company has yet to specify which 150 locations will close.
Macy's Plans To Close Approximately 150 Stores Nationwide As Part Of A Massive Reorganization That Will See It Pivot To A Greater Focus On Luxury Sales.
The next round of expansion.
Macys Store Closings 2025 Images References :
New York — Macy's Will Close 150 Unproductive Namesake Stores Over The Next Three Years Including 50 By The End Of 2024, The Department Store Operator Said.
Capital spend to be below 2024 levels;
Macy’s Is Planning On Closing 150 Nameplate Stores As It Gears Up To Fight A Rapidly Heating Proxy Battle That Is Being Waged Over The Company’s Expansive Real Estate Portfolio.
According to the retail chain, approximately 50 of the closures should occur by the end of january 2025, with the other 100 or so occurring over the following 12.