Is Macy's closing down?

No, Macy's is not closing down entirely, but they are shutting down about 150 underperforming stores by 2026 as part of their "Bold New Chapter" strategy, investing in stronger locations and focusing on digital growth, with recent closures in early 2026 targeting around 14 more locations across 12 states. This is a strategic shift to optimize their store portfolio, not a complete shutdown of the company, as they aim for sustainable growth by streamlining operations and reinvesting in key stores.

Is Macy's store going out of business?

Macy's is shutting the doors to over a dozen stores across the country. On Jan. 9, the department store announced that it would be closing 14 stores in the United States as part of its promised initiative from February 2024 to close 150 stores by the end of 2026.

Why is Macy's struggling?

Macy's struggles stem from intense competition with online retailers like Amazon, a failure to adapt to changing consumer demands for speed and personalization, and losing its fashion authority by relying too heavily on private labels over trendy brands, making it less distinct from competitors like Target and Kohl's. To combat this, Macy's is closing underperforming stores while investing in "Reimagine" locations, improving store design, merchandising, and staffing, and boosting its fulfillment capabilities to better compete with e-commerce giants, though the turnaround is a work in progress. 

Is Macy's closing in 2026?

Macy's is closing about 14 more underperforming stores in early 2026 as part of its "Bold New Chapter" plan to shut roughly 150 locations by 2026, continuing a strategy from 2024 to streamline operations and reinvest in strong stores, with recent closures affecting locations in states like California, New Jersey, Pennsylvania, and New Hampshire. The company is focusing on profitable growth by closing underperforming stores while upgrading its 350 "go-forward" locations, with liquidation sales starting in January 2026 for the latest set of closures. 

What stores are closing in 2026?

In 2026, several major retailers, including Macy's, GameStop, Kroger, Yankee Candle, Orvis, and Noodles & Company, are closing stores due to ongoing shifts to e-commerce, focusing on underperforming locations, and adapting to changing consumer habits, with specific examples like Macy's closing 150 stores and GameStop shuttering hundreds, alongside potential closures for chains like REI and Jack in the Box.
 

Nobody Has Money - Iconic American Brands Are Dying

What stores will be closing in 2025 in the USA?

Here are the retailers who announced store closures in 2025

• Kohl's. ...
• Big Lots. ...
• Macy's. ...
• Dollar General. ...
• Joann. ...
• JCPenney. ...
• Hooters. ...
• Red Robin.

What 63 year old retailer is closing?

Recent news highlights two major retailers, the luxury travel retailer DFS (Duty Free Shoppers) closing its Hawaii stores after 63 years and the pharmacy giant Rite Aid, also a 63-year-old chain, shutting down all locations following bankruptcy, impacting both international visitors and local communities. Both closures reflect broader retail challenges, with DFS exiting a specific market due to changing travel retail dynamics, while Rite Aid faced significant financial distress, leading to massive store closures and supporting services like Thrifty Ice Cream also impacted. 

Are Macy's and JCPenney closing?

Macy's: Set to close 66 underperforming stores in 2025 as part of a larger plan (~150 stores by 2026) to shrink its footprint. JCPenney: Announced the closure of eight stores by mid-2025 due to expiring leases and market conditions (not a full footprint reduction).

What is the future of Macy's?

Macy's future involves a "Bold New Chapter" turnaround plan, focusing on strengthening core stores, expanding luxury (Bloomingdale's, Bluemercury), growing small formats, and improving its omni-channel experience, while closing underperforming locations; the company is betting on its own strategy after rejecting buyouts, aiming for increased relevance despite market challenges and ongoing store closures. Key elements include modernizing stores, leveraging its media network, and investing in supply chains, with recent results showing momentum in their multi-brand approach. 

Are Kohl's and Macy's stores closing?

Kohl's is closing 27 "underperforming" stores across the U.S. by April 2025. The closures account for under 3% of its more than 1,150 stores. Kohl's is the latest retail chain to announce store closures. Macy's is also closing 66 locations this year.

Is Kohl's doing better than Macy's?

Macy's generates over double the sales per store compared to Kohl's ($32.9M vs. $13.8M). It also leads in sales per square foot, profit margins, and digital innovation.

What is the Macy's scandal?

In November 2024, retail giant Macy's became the center of a major fraud investigation when auditors discovered a former employee had concealed approximately $154 million in expenses over three years.

Why is Kohl's failing?

Kohl's struggles stem from losing its value proposition, alienating loyal customers with strategy shifts (like adding Sephora but cutting core apparel), intense competition, economic pressures on consumers, and internal financial challenges like debt, hindering investment, all while facing broad retail headwinds like declining foot traffic and weak e-commerce, leading to underperformance and store closures. 

What Macy's locations are closing in 2025?

Macy's is closing stores as part of its "Bold New Chapter" plan, aiming to shut around 150 "underproductive" locations by 2026, with 66 closures confirmed for 2025 and more slated for early 2026, including some furniture galleries and Backstage stores, focusing on improving their core stores and expanding luxury formats like Bluemercury. Specific locations closing in 2025 have been announced, with many sales ending by early 2026, but exact timelines and details for remaining stores are often best checked directly with Macy's stores.
 

Is JCPenney closing in 2026?

Yes, JCPenney is closing some stores in 2026, notably the Pleasanton, California location at Stoneridge Mall by late February due to lease issues, with other potential closures tied to a failed property deal from 2020 that left many stores in limbo, impacting their future amid ongoing retail challenges. While not widespread, these closures reflect broader industry struggles, with specific store fates dependent on lease negotiations and financial viability, says USA Today. 

Why is Macy's being bought out?

The takeover bid is a sign that investors believe Macy's is undervalued on the public market. Retail analysts say Macy's valuable real estate, including its flagship store in New York City, is a coveted asset to the investors.

Are Macy's stores closing in 2026?

Macy's stores closing in 2026

• La Mesa: Grossmont Center, 5500 Grossmont Center Drive, California.
• Tracy: West Valley Mall, 3400 Naglee Road, California.

What major stores are closing in 2025?

Here are the retailers who announced store closures in 2025

• Kohl's. ...
• Big Lots. ...
• Macy's. ...
• Dollar General. ...
• Joann. ...
• JCPenney. ...
• Hooters. ...
• Red Robin.

Why are so many Macy's closing?

Macy's is closing underperforming stores as part of its "Bold New Chapter" turnaround strategy, announced in 2024, aiming to close about 150 by 2026 to focus investment on stronger locations, enhance customer experience, and drive profitable growth amidst tough retail competition and changing consumer habits. While closing stores, the company is revitalizing a smaller, more focused fleet, with recent rounds targeting unproductive locations to reinvest in "go-forward" stores and digital channels. 

Why is Joann's closing?

Joann's closed due to a combination of heavy debt from private equity buyouts, declining sales post-pandemic, and intense competition from online sellers and rivals like Hobby Lobby and Michaels; these factors led to Chapter 11 bankruptcy filings and liquidation in 2025, shuttering all stores after a failed attempt to find a buyer, notes this NPR article, this Fortune article, and this Wikipedia article.
 

Are Kohl's stores closing in 2025?

Kohl's closed 27 underperforming stores by April 2025 as part of a strategy to improve financial health, with specific locations in numerous states shutting down, and also closed a San Bernardino fulfillment center. While these closures were completed in early 2025, experts anticipated potential further store actions, with these closures representing less than 3% of their total stores, focusing on underperforming sites and enhancing efficiency, according to Kohl's Corporate and RetailWire. 

Is Macy's in financial trouble?

Macy's has a solid balance sheet. Net debt excluding store leases is about $2 billion, while the real-estate value of its stores, even without a tenant in place, could be close to $6 billion, roughly the same as its market capitalisation, according to Mary Ross Gilbert, an analyst at Bloomberg Intelligence.

Which grocery chain is closing stores?

Major grocery chains like Kroger (60 stores), Walmart (11 stores), and Winn-Dixie/Harveys (40 stores) are closing locations in 2025-2026 due to economic pressures, increased costs, shifting consumer habits, and competition, leading to fewer choices for shoppers as retailers streamline operations to focus on profitable areas, according to reports from late 2025 and early 2026. 

What stores are going out of business in 2026?

In 2026, several major retailers, including Macy's, GameStop, Kroger, Yankee Candle, Orvis, and Noodles & Company, are closing stores due to ongoing shifts to e-commerce, focusing on underperforming locations, and adapting to changing consumer habits, with specific examples like Macy's closing 150 stores and GameStop shuttering hundreds, alongside potential closures for chains like REI and Jack in the Box.
 

Which clothing brands are closing?

It also announced early in the company's collapse that other brands Rockmans, Crossroads, Autograph, W Lane and BeMe would be wound down. Now it says it will also close all of Millers and Noni B's remaining 252 stores.