Retail Giant Continues Woes with 66 More Closures
By Connect-Bridgeport Staff on January 16, 2025
According to this report from MSN.com, on Thursday, January 9th, Macy’s officially announced the closure of 66 store locations, as part of its Bold New Chapter strategy. Unveiled in February 2024, this initiative aims to revitalize the company by streamlining its operations. The plan includes shuttering approximately 150 underperforming stores over a three-year period while simultaneously investing in 350 “go-forward” locations through fiscal 2026.
Although Macy’s had previously revealed its intention to reduce its footprint to around 350 locations by next year, this is the first time some of the locations slated for closure were disclosed. Click link below to see the full list of 66 stores closing:
