The closures are part of Macy's "Bold New Chapter" strategy, which was announced in February 2024. The reorganization, the company revealed at the time, involved closing 150 stores nationwide within three years and a pivot to a greater focus on luxury sales.

The move is part of the department store chain’s plan to shutter 150 underperforming locations by the end of 2026.

Macy's has released a list of 66 "underproductive" stores it plans to close, three are in Georgia. More closures are expected at a later date.

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Macy's said on Thursday that it plans to close 150 stores in 22 states throughout the country for underperformance as the company's next step in finding its way to profitability again.

In the latest step in its revitalization effort, Macy's has named 66 of the 150 stores it plans to close in the next two years. The move is "designed to return the company to sustainable, profitable sales growth,

All 66 locations will begin clearance sales this month that will run for approximately eight to 12 weeks, according to Macy’s FAQ page. The post Macy’s store in Mass. among dozens closing across the U.

Macy’s on Thursday named 66 stores it plans to shutter this year through its "Bold New Chapter" initiative. The locations are spread across 22 states.