Overview
- Liquidation events will run about 10 weeks, with final shutdowns expected in the first quarter of 2026.
- The closures span 12 states including California, Georgia, Maryland, Michigan, Minnesota, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Texas and Washington.
- CEO Tony Spring said affected employees were notified first and will be offered transfer opportunities, severance and outplacement support where applicable.
- Macy’s reports its 125 Reimagine stores delivered 2.7% comparable sales growth in the latest quarter, while Bloomingdale’s posted 9% comp growth.
- The stock rose about 5.5% after the update, which follows earlier rounds that closed 55 stores in 2024 and 66 in 2025.