Overview
- The company identified 14 stores across 12 states slated to close, according to a list first shared with Axios.
- Most locations are scheduled to shut in the first quarter of 2026, with in-store clearance events starting in mid-January for about 10 weeks.
- The closures are part of the retailer’s Bold New Chapter strategy to trim roughly 150 underproductive stores through 2026 and concentrate on about 350 priority sites.
- Macy’s says affected employees were informed first and offered transfer opportunities where available, along with severance and outplacement support.
- Leadership highlighted a 2.7% comparable-sales gain in fiscal Q3 2025 as it refines the store portfolio.