Macy's to Close 66 Stores Nationwide in 2025 Amid Major Retail Restructuring

Macy's has announced plans to close 66 stores across nearly two dozen states in the coming months as part of its "Bold New Chapter" strategy.

This initiative aims to shutter approximately 150 underperforming locations over three years while investing in 350 "go-forward" stores through fiscal 2026.

States Affected by Store Closures:

• Arizona:

  • Mesa: Superstition Springs Center

    
    

• California:

  • Chula Vista: Otay Ranch Town Center

  • Citrus Heights: Sunrise Mall

  • Corte Madera: Village at Corte Madera

  • Newark: NewPark Mall

  • Sacramento: Downtown Commons

  • San Diego: Mission Valley Home

  • San Mateo: Hillsdale Furniture and Mattress Gallery

  • Walnut Creek: Broadway Plaza

  • Westminster: Westminster Mall

    
    

• Colorado:

  • Denver: Northfield Stapleton

    
    

• Florida:

  • Miami: Dadeland Mall

  • Orlando: The Mall at Millenia

  • Tampa: WestShore Plaza

    
    

• New York:

  • New Hyde Park: Lake Success Shopping Center

  • Huntington: Melville Mall

  • New York City: Herald Square (Note: Macy's has denied rumors of closing this location)

    
    

• Pennsylvania:

  • Philadelphia: Philadelphia City Center

    
    

• Texas:

  • Dallas: Galleria Dallas

  • Houston: The Galleria

    
    

These closures are scheduled to occur over the next 8 to 12 weeks, following the holiday season. Discount sales have already begun at the affected locations.

Macy's CEO, Tony Spring, stated that the decision to close these stores is part of a broader effort to focus resources on more profitable locations and enhance customer experiences.

The retail industry has been facing significant challenges, with predictions indicating that up to 45,000 brick-and-mortar stores could close in the next five years.

Despite these closures, Macy's plans to continue operating approximately 350 stores and invest in its Bloomingdale’s and Bluemercury portfolios, with the latter set to open around 30 new locations.

Additionally, other retailers like Kohl's have announced plans to close underperforming stores in the near future.