Macy’s is closing more stores than initially planned, as the iconic department store chain faces shifting consumer preferences and evolving retail trends. According to the company’s third ...

Macy's and Kohl's store locations across the nation will soon be going dark, according to Thursday news releases from both companies. Combined, the companies are closing roughly 90 stores nationwide.

Roughly 150 Macy's stores will close over the next three years, with these first 66 closures affecting dozens of states in 2025.

Macy’s closing over 60 stores. The New York City-based Macy’s will be closing 66 stores across nearly two dozen states as part of its “Bold New Chapter” strategy, describing the soon-to-be ...

Macy's, Kontoor & Walmart ... He added that the stores identified for closure combined—including its San Francisco flagship store—account for less than 10 percent of sales in 2023.

Macy’s store closures marked the second biggest store cuts since February 2020 when it announced it was closing 125 of its least-productive stores and cutting 2,000 corporate jobs.

business Retail. Macy’s closing 150 underperforming stores, growing luxury brands 50 locations could close by the end of the year and the rest shutting down by 2026, leaving 350 namesake stores.

Macy’s announced on its second-quarter earnings call that it would be shuttering 150 stores over the next few years, adding that it would close 55 stores in 2024 instead of the 50 stores the ...

The stores will close in early 2024, according to company spokesperson Chris Grams. Macy’s layoffs will affect about 2,350 employees across both the corporate level and in stores, Grams said.

Macy’s had previously announced plans to shutter 150 stores in the next two years, including 50 in 2024. Now the chain said it will close 55 stores this year.

Macy’s announced on its second-quarter earnings call that it would be shuttering 150 stores over the next few years, adding that it would close 55 stores in 2024 instead of the 50 stores the ...