This week, Macy’s introduced which of the 66 shops they have been closing this 12 months as a part of their “Daring New Chapter” technique.
The corporate announced in February 2024 {that a} complete of 150 underproductive shops are set to shut over the subsequent three years. Macy’s mentioned it should “proceed investing” in 50 “go-forward” Macy’s places via fiscal 2026.
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“Closing any retailer is rarely simple, however as a part of our Daring New Chapter technique, we’re closing underproductive Macy’s shops to permit us to focus our sources and prioritize investments in our go-forward shops, the place prospects are already responding positively to raised product choices and elevated service,” mentioned Tony Spring, chairman and chief govt officer of Macy’s, in a statement.
Shops in Florida, Texas, Michigan, Georgia, California, Colorado, New York, and extra are set to shut. The record additionally contains many of the furnishings specialty shops and the lately revamped historic location in Downtown Brooklyn.
A full record of all 66 shops can be found here.
