"We are making the necessary moves to reinvigorate relationships with our customers through improved shopping experiences, relevant assortments and compelling value."
"Macy's announced it would shutter 150 'underproductive locations' by the end of 2026, although it has since extended that timeline."
"The closures include two locations in both California and New Jersey, with the rest scattered across states like Georgia, Minnesota, and Texas."
Macy's Inc is set to close 14 stores across 12 states, with closures already reported in California, Michigan, and New Hampshire. This move follows a previous announcement to shut down 150 underperforming locations by 2026. The closures are part of a strategy called 'A Bold New Chapter' aimed at strengthening the Macy's brand, accelerating luxury growth, and modernizing operations. CEO Tony Spring emphasized the need to enhance customer relationships through better shopping experiences and value.
Read at Fast Company
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