Macy's is closing over 60 stores nationwide as part of its "Bold
New Chapter" strategy, impacting locations in New York, California, Texas,
Florida, and other states.
.jpg "Macy’s Store Closures 2025 – Nationwide Retail Changes")
New York, NY – Macy’s is moving forward with the closure of over 60
stores across the country, part of a broader restructuring strategy aimed at
ensuring long-term profitability. The initiative, announced in early 2024, will
ultimately result in approximately 150 store closures over three years while
bolstering the company’s top-performing locations.
The latest wave of closures, first revealed in January, includes
locations in major states such as New York, California, Texas, and Florida.
According to the New York Department of Labor, two stores in New York are
scheduled to close on April 11, and News 12 Brooklyn reported that the Downtown
Brooklyn Macy’s had already shut its doors.
Macy’s CEO Tony Spring reaffirmed the company’s commitment to
reallocating resources, stating, “Closing any store is never easy, but as part
of our Bold New Chapter strategy, we are focusing on go-forward stores where
customers are already responding positively to better product offerings and
elevated service.”
The closures signal a strategic shift for the retail giant, aiming to
enhance customer experiences in its most profitable locations while phasing out
underperforming stores. More closures are expected through fiscal 2026 as
Macy’s continues to refine its footprint in the retail market.