Macy'S Stores Closing In 2024. Macy's plans to close 150 stores, or 30% of its 493 locations, by 2026. Macy's is closing five stores and trimming its workforce by 3.5%, the retailer confirmed to axios thursday.
Companies decide to close stores for various reasons, typically rooted in financial, strategic, or operational considerations. Macy’s plans to close 150 stores, or 30% of its 493 locations, by 2026.