Macy'S Stores Closing In 2024. Said on tuesday it would close about 150 underproductive locations through 2026, with 50 of these closures set for 2024. Macy's announced tuesday it will shut down 150 stores through 2026, with 50 locations shuttering this year.
Macy’s plans to close approximately 150 stores nationwide as part of a massive reorganization that will see it pivot to a greater focus on luxury sales. Department store chain macy’s is cutting 2,350 jobs and closing five stores, as it aims to streamline its operations, a company spokesperson told reuters on thursday.