Macy's Announces First Round of 150 Store Closures as Part of "Bold New Chapter" Strategy

Macy's has begun the first round of its 2026 store closures, part of its "Bold New Chapter" strategy to revitalize the business and close unproductive locations. The company plans to close 150 stores as part of the plan, which aims to improve the company's financial performance and competitiveness in the market.