Macy’s Inc. has announced the closure of several stores across a dozen US states as part of a broader plan to shut down 150 “underproductive” locations nationwide, marking a major step in the retailer’s ongoing turnaround strategy.
The department store chain unveiled its restructuring plan, titled “A Bold New Chapter,” in February 2024. Under the strategy, Macy’s aims to streamline operations while prioritizing investment in the roughly 350 stores that will remain open.
According to a list published by Axios, stores slated for closure include locations in California, Georgia, Maryland, Michigan, Minnesota, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Texas and Washington.
Most of the affected outlets are expected to close during the first quarter of 2026, with clearance sales beginning in mid-January and running for approximately 10 weeks.
Stores scheduled for closure include:
Grossmont Center, La Mesa, California
West Valley Mall, Tracy, California
Northlake Mall, Atlanta, Georgia
Marley Station, Glen Burnie, Maryland
Rivertown Crossings, Grandville, Michigan
Crossroads Center, Saint Cloud, Minnesota
Fox Run, Newington, New Hampshire
Livingston Mall, Livingston, New Jersey
Interstate Shopping Center, Ramsey, New Jersey
Boulevard Mall, Amherst, New York
Triangle Town Center, Raleigh, North Carolina
Galleria at Pittsburgh Mills, Tarentum, Pennsylvania
La Palmera, Corpus Christi, Texas
Budget House Clearance, Tukwila, Washington
Macy’s said the decision to close stores is part of a broader effort to focus resources on higher-performing locations and improve long-term profitability. The company’s portfolio also includes Bloomingdale’s and Bluemercury.
The strategy appears to be yielding results. Reports indicate that Macy’s recorded its strongest growth in more than three years during the third quarter of the fiscal year.
In a memo to employees, Macy’s Chief Executive Officer Tony Spring said the company is carefully reviewing its store portfolio to determine where investments should be made.
“As we execute our strategy, we continue to evaluate our portfolio and make thoughtful decisions about where and how we invest, including closing underproductive stores and streamlining operations,” Spring said. “These decisions are not made lightly.”
He added that affected employees were informed directly and are being offered support, including transfer opportunities where available, as well as severance and outplacement assistance.
“We thank our colleagues for their dedication and service to the company,” he said.
