Macy’s store closings 2024: The latest on the stores closing this year
Macy’s is closing 65 stores in fiscal year 2024 alone, according to the company’s latest quarterly earnings report. The closures are part of the department store chain’s plan to shutter 150 stores by 2026, which the company announced during second-quarter earnings call on Aug. 21.
Macy's adds to list of store closures, says it will close 65 this year
Macy's said it will close 65 stores this year, an increase from the 50 locations it previously announced it would shutter by the end of the fiscal year. The closures are part of its plan to eliminate roughly 150 underperforming stores over the next three years.
Macy's to close up to 65 stores after the holidays. What it could mean for California
The increased closures are part of Macy's strategy to accelerate the closure of "non-go-forward stores" underperforming locations. The company remains committed to closing 150 underperforming locations by the end of 2026.
Every UK high street store we know will close their doors in 2025 – see full list
Store closures in 2025 will involve high street favourites including WHSmith and The Entertainer. It's all down to a decrease in consumer spending as well as increased rents and operational costs
Full list of UK stores set to close in 2025
High street favourites including WHSmith and The Entertainer are set to close more stores next year. More than 8,500 retail outlets across the UK shut their doors in 2024, as reported by the Centre for Retail Research.
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