Macy’s is moving ahead with another round of store closures as the retailer continues reshaping its brick-and-mortar footprint to focus on stronger locations and long-term growth.
In a memo sent to employees on Thursday, Macy’s CEO Tony Spring outlined the next phase of the company’s multi-year “Bold New Chapter” strategy. The plan centers on redirecting investment toward select stores while winding down locations that are no longer performing as expected.
“In executing our strategy, we continue to review our portfolio and make careful decisions about where and how we invest, including closing underproductive stores and streamlining operations,” wrote Spring. “These decisions are not made lightly.”
A spokesperson for Macy’s confirmed to Nexstar that the latest round of closures will affect 14 stores spread across 12 states. Here’s the list:
- California: La Mesa (Grossmont Center), Tracy (West Valley Mall)
- Georgia: Atlanta (Northlake Mall)
- Maryland: Glen Burnie (Marley Station Mall)
- Michigan: Grandville (RiverTown Crossings)
- Minnesota: Saint Cloud (Crossroads Center)
- New Hampshire: Newington (Mall at Fox Run)
- New Jersey: Livingston (Livingston Mall), Ramsey (Interstate Shopping Center)
- New York: Amherst (Boulevard Mall)
- North Carolina: Raleigh (Triangle Town Center)
- Pennsylvania: Tarentum (Frazer Heights Galleria)
- Texas: Corpus Christi (La Palmera Mall)
- Washington: Tukwila (Furniture Clearance Center)
The 12 stores named in this latest round are expected to close after running clearance sales, which will begin in mid-January and continue for about 10 weeks, a Macy’s spokesperson said.
READ: Starbucks to close 400 stores across the US (December 29, 2025)
Macy’s, Inc. first unveiled its “Bold New Chapter” initiative in February 2024, laying out a broad restructuring of its store footprint. As part of that plan, the retailer said it would close 150 underperforming locations by the end of 2026.
At the same time, Macy’s signaled a shift in focus toward growth markets, saying it would begin “prioritizing investment in approximately 350 go-forward locations and the continued expansion of small-format stores.”
Macy’s is not alone in scaling back its physical presence. Major retailers including Kroger, Foot Locker and Carter’s have also announced plans to close some stores in 2026, with several companies pointing to underperforming locations or financial pressures worsened by tariffs.