Continuing Transformation: Macy's Announces Closure of 14 Additional Stores in 2026
Macy’s, a prominent US department store, is set to close an additional 14 locations this year as part of its ongoing transformation strategy known as the ‘Bold New Chapter.’ The decision to close these stores was communicated to employees in a memo by chairman and CEO Tony Spring. The strategy involves carefully reviewing the store portfolio and making strategic decisions to invest in profitable locations while closing underperforming ones.
The latest round of store closures includes locations such as Fox Run in Newington, NH; Livingston in Livingston, NJ; and Marley Station in Glen Burnie, Md. Macy’s is committed to supporting impacted employees by providing transfer opportunities and outplacement resources. These closures are part of a larger plan to close approximately 150 Macy’s stores, leaving 350 locations operational. Additionally, 125 stores will undergo a transformation to enhance merchandising and offer new products.
The Bold New Chapter strategy, launched two years ago, focuses on improving customer experiences, streamlining operations, and strengthening stores. Macy’s aims to invest strategically in areas that customers value the most. The company closed 66 stores in 2025 as part of this initiative. The ongoing efforts are geared towards disciplined execution, continuous improvement, and making strategic investments to meet customer needs.
In conclusion, Macy’s is continuing its transformation journey with the closure of 14 additional stores this year. The company remains committed to enhancing customer experiences, simplifying operations, and strengthening its store portfolio through strategic investments and continuous improvement.