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Macy's plans to close 50 stores in 2024 and 150 locations in total by 2026. The department store chain will expand Bloomingdale’s and Bluemercury.
Macy's Inc., the iconic New York City-based department store chain and sponsor of its namesake Thanksgiving parade, plans to close 150 stores over the next three years.
In February 2024, Macy's announced that up to 150 underperforming stores would close by the end of 2026, with 50 stores closing by the end of 2024. Macy's stated that the closing stores only represented 10% of its total sales.
Lakeside Mall was a super-regional shopping mall in Sterling Heights, Michigan. Located on M-59 (Hall Road) between Hayes and Schoenherr Roads, the mall is currently anchored by Macy's and JCPenney via exterior entrances, with two vacant anchor stores previously occupied by Lord & Taylor and Sears. With 1,550,000 square feet of retail space ...
On January 6, 2020, it was announced that Macy's would be closing in March 2020 as part of a plan to close 125 stores nationwide. [11] After Macy's closed, Bass Pro Shops is the only anchor store left.
Macy's plans to close 50 stores in 2024 and 150 locations in total by 2026. The department store chain will expand Bloomingdale’s and Bluemercury.
First, Macy’s will have to downsize. The company is closing 150 underperforming stores — 50 by the end of 2024 and the other 100 over the next few years.
Macy's Herald Square (originally named the R. H. Macy and Company Store) is the flagship of Macy's department store, as well as the Macy's, Inc. corporate headquarters, on Herald Square in Manhattan, New York City. The building's 2.5 million square feet (230,000 m 2 ), [4] which includes 1.25 million square feet (116,000 m 2) of retail space, makes it the largest department store in the United ...