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The closures are among 66 Macy’s locations set to shutter nationwide, a move designed to return the company to "sustainable, profitable sales growth."
The stores closing in these states include:
Virginia
- Southpark Mall
Pennsylvania
- Logan Valley Mall
- Exton Square Mall
- Wyoming Valley Mall
- Philadelphia Center City Store in the Wanamaker Building
New Jersey
- Essex Green Shopping Center
New York
- Lake Success
- Melville Mall
- Queens Place
- Sheepshead Bay
- Mall at Greece Ridge
- Sunrise Mall
- Brooklyn
- Staten Island Furniture
- Fordham Place
Massachusetts
Independence Mall
Maryland
- Security Square
- Harford Mall
The company first announced the Bold New Chapter strategy in February 2024, outlining plans to close approximately 150 "underproductive" stores over three years while investing in its 350 "go-forward" locations. Macy’s expects the closures to be completed during the first quarter of 2025.
Daily Voice has reached out to Macy's regarding which store locations are possibly among the remaining 84 locations to close and was told they are only announcing the 66 in the attached PDF at this time.
“Closing any store is never easy,” said Macy’s Chairman and CEO Tony Spring. “But as part of our Bold New Chapter strategy, we are focusing our resources and prioritizing investments in go-forward stores, where customers are already responding positively to better product offerings and elevated service.”
The retailer has reported success with pilot investments in its strongest stores, achieving three consecutive quarters of increased sales and record customer satisfaction scores.
As Macy’s continues to adapt to modern shopping trends, it is investing heavily in both its physical locations and digital channels, ensuring a seamless shopping experience for customers. For more information and a complete list of closures, click here.
Editor's Note: This article originally mentioned CT but this article has been updated as no CT closures have been announced at the time of publishing.
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