{"id":799360,"date":"2025-01-09T16:18:48","date_gmt":"2025-01-09T21:18:48","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/macys-inc-confirms-planned-macys-store-closures\/"},"modified":"2025-01-09T16:18:48","modified_gmt":"2025-01-09T21:18:48","slug":"macys-inc-confirms-planned-macys-store-closures","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/macys-inc-confirms-planned-macys-store-closures\/","title":{"rendered":"Macy&#8217;s, Inc. Confirms Planned Macy&#8217;s Store Closures"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Macy&#8217;s, Inc. Confirms Planned Macy&#8217;s Store Closures<\/b><\/p>\n<p class=\"bwalignc\"><i>As previously disclosed, the 66 Macy&#8217;s locations will close as part of the company&#8217;s Bold New Chapter strategy<\/i><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nMacy&#8217;s Inc. (NYSE: M) today confirmed the closure of 66 Macy\u2019s non-go-forward store locations. These closures are a part of the Bold New Chapter strategy, which was announced in February 2024. This plan is designed to return the company to sustainable, profitable sales growth which includes closing approximately 150 underproductive stores over a three-year period while investing in its 350 go-forward Macy\u2019s locations through fiscal 2026. The list of 66 closing Macy\u2019s locations can be found <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.macysinc.com%2Ffiles%2Fdoc_downloads%2Finvestors%2FFY-2024-Year-End-Closures-1-9-2025.pdf&amp;esheet=54176168&amp;newsitemid=20250109150271&amp;lan=en-US&amp;anchor=here&amp;index=1&amp;md5=d4b58a8cbd8bc4ad11d83788c0cde505\">here<\/a>.<\/p>\n<p>\nPeople have endless options when it comes to where and how they shop. Macy\u2019s customers expect seamless shopping experiences and continuous improvements both in-store and online to meet those expectations.<\/p>\n<p>\n\u201cClosing any store is never easy, but as part of our Bold New Chapter strategy, we are closing underproductive Macy\u2019s stores to allow us to focus our resources and prioritize investments in our go\u2013forward stores, where customers are already responding positively to better product offerings and elevated service,\u201d said Tony Spring, chairman and chief executive officer of Macy\u2019s, Inc.<\/p>\n<p>\nSince the start of <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.macysinc.com%2Fnewsroom%2Fnews%2Fnews-details%2F2024%2FMacys-Inc.-Announces-A-Bold-New-Chapter--Challenging-the-Status-Quo-to-Fundamentally-Reposition-the-Company-Enhance-the-Customer-Experience-Deliver-Growth-and-Unlock-Shareholder-Value%2Fdefault.aspx&amp;esheet=54176168&amp;newsitemid=20250109150271&amp;lan=en-US&amp;anchor=A+Bold+New+Chapter+strategy&amp;index=2&amp;md5=830f792c2e1b3c657bdd7652586a5ddf\">A Bold New Chapter strategy<\/a>, investments in the pilot Macy\u2019s stores &#8211; First 50 &#8211; have boosted sales for three consecutive quarters and contributed to record customer satisfaction scores for the Macy\u2019s nameplate. Building on that success, Macy\u2019s enters 2025 well-positioned to build momentum with a stronger store fleet and remains focused on bringing this enhanced customer experience to more locations nationwide and through its digital channels.<\/p>\n<p>\nAs part of ongoing efforts to reimagine the shopping experience both in-store and online, customers can more easily access detailed information about local go-forward stores through the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.macys.com%2Fstoreclosures&amp;esheet=54176168&amp;newsitemid=20250109150271&amp;lan=en-US&amp;anchor=Customer+FAQ&amp;index=3&amp;md5=b9969567b551e4fdf7338aff53d1ffba\">Customer FAQ<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.macys.com%2Fstores%2F&amp;esheet=54176168&amp;newsitemid=20250109150271&amp;lan=en-US&amp;anchor=Store+Locator&amp;index=4&amp;md5=12e85961c9f114e3093ba0aa915c2d1d\">Store Locator<\/a> tool on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.macys.com%2F&amp;esheet=54176168&amp;newsitemid=20250109150271&amp;lan=en-US&amp;anchor=macys.com&amp;index=5&amp;md5=058181bfc06e9836867d27bf911bd71f\">macys.com<\/a>.<\/p>\n<p><b>About Macy\u2019s, Inc.<\/b><\/p>\n<p>\nMacy\u2019s, Inc. (NYSE: M) is a trusted source for quality brands through our iconic nameplates \u2013 Macy\u2019s, Bloomingdale\u2019s and Bluemercury. Headquartered in New York City, our comprehensive digital and nationwide footprint empowers us to deliver a seamless shopping experience for our customers. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.macysinc.com%2F&amp;esheet=54176168&amp;newsitemid=20250109150271&amp;lan=en-US&amp;anchor=macysinc.com&amp;index=6&amp;md5=407e824023ad932009dc9ce0b33172a7\">macysinc.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250109150271r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250109150271\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250109150271\/en\/<\/a><\/span><\/p>\n<p><b>Media \u2013 Chris Grams<br \/>\n<\/b><br \/><a rel=\"nofollow\" href=\"mailto:communications@macys.com\">communications@macys.com<\/a><\/p>\n<p><b>Investors \u2013 Pamela Quintiliano<br \/>\n<\/b><br \/><a rel=\"nofollow\" href=\"mailto:investors@macys.com\">investors@macys.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Home Goods Cosmetics Retail Footwear Other Consumer Women Online Retail Luxury Other Retail Men Department Stores Lifestyle Consumer Jewelry Fashion<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250109150271\/en\/1750144\/3\/2023_-_Macys_Inc_logo_in_Black_Ink.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Macy&#8217;s, Inc. Confirms Planned Macy&#8217;s Store Closures As previously disclosed, the 66 Macy&#8217;s locations will close as part of the company&#8217;s Bold New Chapter strategy NEW YORK&#8211;(BUSINESS WIRE)&#8211; Macy&#8217;s Inc. (NYSE: M) today confirmed the closure of 66 Macy\u2019s non-go-forward store locations. These closures are a part of the Bold New Chapter strategy, which was announced in February 2024. This plan is designed to return the company to sustainable, profitable sales growth which includes closing approximately 150 underproductive stores over a three-year period while investing in its 350 go-forward Macy\u2019s locations through fiscal 2026. The list of 66 closing Macy\u2019s locations can be found here. People have endless options when it comes to where and how they shop. Macy\u2019s customers &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/macys-inc-confirms-planned-macys-store-closures\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Macy&#8217;s, Inc. Confirms Planned Macy&#8217;s Store Closures&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-799360","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Macy&#039;s, Inc. 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These closures are a part of the Bold New Chapter strategy, which was announced in February 2024. This plan is designed to return the company to sustainable, profitable sales growth which includes closing approximately 150 underproductive stores over a three-year period while investing in its 350 go-forward Macy\u2019s locations through fiscal 2026. The list of 66 closing Macy\u2019s locations can be found here. People have endless options when it comes to where and how they shop. Macy\u2019s customers &hellip; Continue reading &quot;Macy&#8217;s, Inc. 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This plan is designed to return the company to sustainable, profitable sales growth which includes closing approximately 150 underproductive stores over a three-year period while investing in its 350 go-forward Macy\u2019s locations through fiscal 2026. The list of 66 closing Macy\u2019s locations can be found here. People have endless options when it comes to where and how they shop. Macy\u2019s customers &hellip; Continue reading \"Macy&#8217;s, Inc. 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