Macy’s Announces “A Bold New Chapter” – Plans to Close 150 Locations Through 2026

Strengthens the Macy’s Nameplate, Accelerates Luxury Growth and Simplifies and Modernizes End-to-End Operations Focuses Macy's resources by closing approximately 150 underproductive locations through 2026 Prioritizes Macy’s investments in approximately 350 go-forward locations Expands Bloomingdale’s and Bluemercury footprint by up to 45 locations through 2026 Monetizes $600-$750 million of assets through 2026 NEW YORK---- Macy’s, Inc. (NYSE: […]