American retail giant Macy's Inc. has confirmed a significant wave of store closures, with 66 locations across twelve states set to shut their doors. This move forms a key part of the company's broader plan to close 150 underperforming stores nationwide.
The Strategy Behind the Shutdowns
The department store chain, which also owns Bloomingdale's and Bluemercury, first announced its transformative plan, dubbed 'A Bold New Chapter,' in February 2024. The strategy involves a dual approach: shuttering underproductive locations while prioritising investment in the 350 stores it will keep open. The latest list, reported by Axios, identifies the first major batch of closures.
In a memo to staff, Macy's CEO Tony Spring stated, "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. These decisions are not made lightly." He confirmed that affected employees were informed first and are being offered support, including potential transfers, severance, and outplacement resources.
Full List of Closing Macy's Stores
The stores slated for closure are spread from coast to coast. According to the report, most are scheduled to close in the first quarter of 2026. Shoppers can expect clearance sales to begin in mid-January 2026 and run for approximately ten weeks.
The complete list of affected stores is as follows:
- Grossmont Center, La Mesa, California
- West Valley Mall, Tracy, California
- Northlake Mall, Atlanta, Georgia
- Marley Station, Glen Burnie, Maryland
- Rivertown Crossings, Grandville, Michigan
- Crossroads Center, Saint Cloud, Minnesota
- Fox Run, Newington, New Hampshire
- Livingston Mall, Livingston, New Jersey
- Interstate Shopping Center, Ramsey, New Jersey
- Boulevard Mall, Amherst, New York
- Triangle Town Center, Raleigh, North Carolina
- Galleria at Pittsburgh Mills, Tarentum, Pennsylvania
- La Palmera, Corpus Christi, Texas
- Budget House Clearance, Tukwila, Washington
Signs of a Retail Turnaround
Despite the closures, there are indications that Macy's overarching strategy is yielding positive results. The company reportedly experienced its strongest growth in over three years during the third fiscal quarter of 2025. This suggests that focusing resources on its most profitable stores and online operations is beginning to revitalise the historic retailer.
The coming months will be a pivotal period for Macy's as it manages these closures while attempting to strengthen its remaining footprint. For customers in the affected areas, the extended clearance sales from January will offer a final opportunity to shop at these locations.
