Macy’s will close 14 department stores across 12 states this year, according to an internal memo from the company's CEO.

Fans of Macy’s Inc. will be disappointed to learn that the iconic department store has announced its next round of store closures. Fourteen Macy’s locations in 12 states will shutter as a result of ...

Macy’s announced that its Furniture Clearance Center in Tukwila will close as the company aims to scale back its nationwide footprint. The store is located at 17855 Southcenter Parkway and is one of ...

Brick and mortar sales have taken an irrecoverable knock since the COVID-19 pandemic and its subsequent lockdown which then led to a seemingly permanent preference for online shopping. Macy’s, the ...

Over the past two years, Macy’s, Inc. has aggressively reallocated capital toward higher-return assets in an effort to reposition the company and achieve greater value. The strategy appears to be ...

Macy’s will close its Marley Station Mall location in Glen Burnie as part of a broader store reduction plan. The retailer plans to shutter 14 stores in 2026 after closing 66 locations last year.