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Macy's to Close 14 Stores as Part of Strategic Restructuring

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Macy’s Inc. has announced the closure of 14 store locations this year, continuing its three-year “Bold New Chapter” reinvigoration strategy. These closures are part of a previously stated plan to shut down approximately 150 Macy’s department stores, reducing the total to 350 remaining locations. Sixty-six stores were closed in 2025 as part of this initiative.Tony Spring, chairman and CEO of Macy’s, stated that these decisions involve reviewing the company's portfolio and making careful choices about investments, including closing underproductive stores and streamlining operations. He communicated that affected employees were informed directly and are being offered support such as transfer opportunities, severance, and outplacement resources.## Strategy DetailsThe "Bold New Chapter" strategy also includes investments in 125 "Reimagine" stores. These stores feature increased staffing in key areas like women’s shoes and fitting rooms, refreshed product assortments, and improved visual merchandising. These 125 stores reportedly achieved a comparable sales growth of 2.7 percent in the last quarter and continue to outperform the overall Macy’s department store chain.Spring emphasized that these changes allow the company to focus on reimagining its best stores, enhancing customer service, expanding its luxury business, and advancing supply chain capabilities. He also noted improvements in Macy’s net promoter scores, 9 percent comparable sales growth for Bloomingdale’s in the third quarter, Bluemercury’s 19th consecutive quarter of comparable sales growth, and ongoing modernization of the supply chain.## Closed LocationsThe 14 Macy’s stores scheduled for closure include: * Fox Run – Newington, N.H. * Livingston – Livingston, N.J. * Marley Station – Glen Burnie, Md. * Boulevard – Amherst, N.Y. * Crossroads Center – St. Cloud, Minn. * Rivertown Crossings – Grandville, Mich. * West Valley Mall – Tracy, Calif. * Pittsburgh Mills – Tarentum, Pa. * La Palmera – Corpus Christi, Tex. * Northlake Mall – Atlanta * Triangle Town Center – Raleigh, N.C. * Grossmont – La Mesa, Calif. * Interstate – Ramsey, N.J. * Budget House – Tukwila, Wash.