(NEXSTAR) – Macy’s has revealed the latest stores it plans to close as part of its ongoing efforts to reallocate resources and strengthen its brand.
In a memo shared with employees Thursday, Macy’s CEO Tony Spring provided an update on the company’s years-long “Bold New Chapter” plan, which seeks to prioritize investment in certain existing locations while closing underperforming stores, among other strategies.
“As we execute our strategy, we will continue to review our portfolio and make prudent decisions about where and how to invest, including closing unproductive stores and streamlining operations,” Spring wrote. “These decisions are not made lightly.”
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A Macy’s representative confirmed to Nexstar that this round of closures will include 14 stores in 12 states:
california
Georgia
Maryland
michigan
minnesota
New Hampshire
new jersey
New York
North Carolina
pennsylvania
Texas
washington
A Macy’s spokesman said the 12 stores in the latest round of closures will close after clearance sales, which are expected to begin in mid-January and last about 10 weeks.
“We are first communicating directly with Macy’s associates in the affected regions and are providing support to them during the transition, including providing redeployment opportunities when possible and providing severance and support where applicable,” a Macy’s representative wrote in an emailed statement shared with Nexstar.
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Macy’s, Inc. first announced plans for a “bold new chapter” in February 2024. As part of the strategy, the company announced it will close 150 underperforming stores by the end of 2026. At the time, Macy’s said it would begin “prioritizing investment in approximately 350 stores going forward and continuing to expand smaller stores.”
Macy’s, Inc. operated approximately 480 department stores of the same name in February 2024. After the first round of closures was announced in early 2025, the number of stores currently listed is 424.
Meanwhile, Macy’s isn’t the only retailer whose physical stores are shrinking. Major companies including Kroger, Foot Locker and Carter’s plan to close some stores in 2026. Some of the companies said poor performance or tariffs exacerbated financial difficulties.
