The closures are part of Macy’s “Bold New Chapter” initiative, a turnaround plan announced in 2024 that included closing about 150 underperforming stores by 2026.
WASHINGTON — Macy’s is set to shutter more than a dozen stores in 2026 as the department store chain takes a much leaner portfolio.
The closures are part of a wider initiative called “Bold New Chapter,” a turnaround plan announced in 2024 that included closing about 150 underperforming stores over three years while re-investing in other locations. Last year, the retailer closed 66 stores.
“In executing our strategy, we continue to review our portfolio and make careful decisions about
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