Macy's to close 14 stores across 12 states in early 2026
Syracuse.com••business
Key Points:
- Macy’s plans to close 14 stores across 12 states in the first quarter of 2026 as part of its “A Bold New Chapter” turnaround strategy, focusing on stronger-performing locations.
- The closures include locations in states such as California, New York, New Jersey, Texas, and Washington, with clearance sales starting mid-January and lasting about 10 weeks.
- This move aligns with Macy’s broader plan to close 150 of its approximately 500 stores by the end of 2026, concentrating on 350 key locations going forward.
- CEO Tony Spring emphasized that the company is making targeted changes to phase out underperforming stores and reinvest in its strongest assets.
- The announcement comes after Macy’s
