Macy'S Store Closings 2024. Macy's is closing more stores than it originally announced earlier this year. Macy's has announced it will increase the number of planned store closures after the holidays.
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. Macy’s is closing five stores and trimming its workforce by 3.5%, the retailer confirmed to axios thursday.