Macy Store Closures 2024

Macy Store Closures 2024. The company is closing 150 underperforming stores — 50 by the end of 2024 and the other 100 over the next few years. Macy's, an anchor of so many shopping malls, plans to close 150 department stores in a bid to reinvigorate sales and shift its public image more toward luxury goods.

Here’s what we know so far about the moves by one of the country’s largest department stores. Macy’s first 50 locations achieve third consecutive quarter of positive comparable sales company delays third quarter 2024 earnings release and conference call macy’s, inc.