Macy’s Enters “Bold New Chapter” Closing Many New York Stores

Officials from Macy's confirmed plans to close around 150 locations.

The company announced it's entering a "Bold New Chapter."

Macy's "Bold New Chapter" Includes Closing Around 150 Locations

Macy's recently confirmed in a press release plans to close approximately 150 "underproductive stores," over a three year period.

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"This plan is designed to return the company to sustainable, profitable sales growth," Macy's stated in a press release.

As of this writing, Macy's has only confirmed 66 closing locations out of the 150 soon-to-be-closed stores.

Macy's Closing 66 Stores, Many In New York

Of the 66 confirmed closures, at least nine are in New York State. Below are New York's closing locations.

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"Closing any store is never easy, but as part of our Bold New Chapter strategy, we are closing underproductive Macy’s stores to allow us to focus our resources and prioritize investments in our go–forward stores, where customers are already responding positively to better product offerings and elevated service," Macy's Chairman and CEO Tony Spring stated.

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Macy's To Invest In 350 Current Locations

Another part of the company's "Bold New Chapter" are plans to invest in its 350 go-forward Macy’s locations through fiscal 2026.

More Closing Announcements

Jo-Anne Fabrics, which recently changed it's name to Joann, has confirmed the closing of six locations. One location is in Upstate New York. CLICK HERE for more.

Kohl's is also closing nearly 30 locations nationwide. CLICK HERE to find out those locations.

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