Macy’s is set to close 14 stores across 12 states as part of its ongoing restructuring efforts to enhance long-term growth and focus on more profitable locations.
Macy’s has confirmed another round of store closures as part of its long-term strategy to reshape its brick-and-mortar presence. The retailer aims to concentrate on stronger locations while reducing its footprint in underperforming areas.
In a memo sent to employees on Thursday, Macy’s CEO Tony Spring outlined the next phase of the company’s multi-year “Bold New Chapter” initiative. This plan emphasizes redirecting investments toward select stores and winding down locations that have not met performance expectations.
“In executing our strategy, we continue to review our portfolio and make careful decisions about where and how we invest, including closing underproductive stores and streamlining operations,” Spring stated. “These decisions are not made lightly.”
A spokesperson for Macy’s confirmed to Nexstar that the latest closures will impact 14 stores across 12 states. The affected locations include:
In California, stores in La Mesa (Grossmont Center) and Tracy (West Valley Mall) will close. Georgia’s Atlanta (Northlake Mall) will also be shuttered, along with Glen Burnie (Marley Station Mall) in Maryland.
Michigan’s Grandville (RiverTown Crossings) and Minnesota’s Saint Cloud (Crossroads Center) are on the list, as well as Newington (Mall at Fox Run) in New Hampshire. New Jersey will see closures in Livingston (Livingston Mall) and Ramsey (Interstate Shopping Center), while New York’s Amherst (Boulevard Mall) is also affected.
North Carolina’s Raleigh (Triangle Town Center) and Pennsylvania’s Tarentum (Frazer Heights Galleria) will close, along with Corpus Christi (La Palmera Mall) in Texas and Tukwila (Furniture Clearance Center) in Washington.
The 12 stores slated for closure are expected to begin clearance sales in mid-January, which will last for approximately 10 weeks, according to a Macy’s spokesperson.
Macy’s first introduced its “Bold New Chapter” initiative in February 2024, outlining a comprehensive restructuring of its store footprint. As part of this plan, the retailer aims to close 150 underperforming locations by the end of 2026.
In conjunction with these closures, Macy’s has indicated a strategic shift toward growth markets. The company plans to prioritize investment in approximately 350 locations deemed essential for future success, alongside the continued expansion of small-format stores.
Macy’s is not alone in its efforts to scale back physical locations. Other major retailers, including Kroger, Foot Locker, and Carter’s, have also announced plans to close stores in 2026. Many companies cite underperforming locations and financial pressures exacerbated by tariffs as contributing factors to their decisions.
As Macy’s continues to navigate the evolving retail landscape, shoppers can expect to see significant changes in the coming months, particularly at the affected locations.
For further details, refer to Nexstar.