Macy'S Stores Closing In 2024. Retail giant macy's announced its plans to close 150 stores nationwide as part of a massive reorganization, calling it a bold new chapter for the company. Macy's is closing five stores and trimming its workforce by 3.5%, the retailer confirmed to axios thursday.
While macy’s had a strong third quarter relative to its past performance, the department store category remains deeply troubled, axios’ richard collings reports. By 2026, it will have just 350 macy’s stores, the company announced.