Macy’s to Close 14 More Stores in Early 2026 as Part of Bold New Chapter — Macy’s store closings 2026 target about 150 total
Macy’s will close 14 additional underperforming stores in early 2026 as part of its “Bold New Chapter” turnaround, refocusing on top-performing locations, smaller-format concepts and digital investment while offering employee support during mid‑January clearance sales.
Key takeaways
- 14 stores slated to close mostly in Q1 2026, contributing toward a plan that targets roughly 150 total closures by the end of 2026 (The Daily Record, Fox Business, Axios).
- Clearance sales begin mid‑January and run about 10 weeks; impacted employees are offered transfers, severance and outplacement support (The Daily Record).
- Closures follow prior reductions (including 66 in 2025) to free capital for roughly 350 “go‑forward” stores, smaller formats and digital work (Fox Business, Axios).
Details of the announcement
Macy’s said the additional 14 store closures are part of its multi‑year “Bold New Chapter” plan to shrink underperforming parts of its footprint and reinvest in higher‑performing assets and digital capabilities. The company expects liquidation sales to start in mid‑January and run approximately 10 weeks while impacted employees receive notifications and support.
Closures and the Macy’s closing stores list
Macy’s identified 14 locations across 12 states. Where available, company notices and reporting include specific addresses below; other locations were reported only by state.
- California — La Mesa, Grossmont Center, 5500 Grossmont Center Drive; Tracy, West Valley Mall, 3400 Naglee Road (Fox Business, Axios).
- Georgia — Atlanta, Northlake Mall, 4880 Briarcliff Road NE (Fox Business, Axios).
- Maryland — Glen Burnie, Marley Station Mall, 790 Ritchie Highway (The Daily Record).
- Minnesota — St. Cloud, Crossroads Center (Bring Me The News).
- Also reported: Michigan, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Texas and Washington — Macy’s cited closures in these states though specific store addresses were not published in company notices or reporting (The Daily Record).
Why Macy’s is closing stores: the “Bold New Chapter”
Macy’s frames the cuts as “targeted changes” to reimagine top stores, expand luxury offerings, improve staffing and accelerate supply‑chain efforts. CEO Tony Spring wrote in an employee memo the decisions were “not made lightly.” (The Daily Record, Fox Business, Axios).
“These decisions were not made lightly,” — Tony Spring, memo to employees, Jan. 8, 2026 (The Daily Record).
Macy’s highlighted relative strength at its “go‑forward” locations: in the quarter ended Nov. 1, 2025, the company reported about 2% comparable sales growth on $4.7 billion in revenue, with go‑forward stores and remodeled locations showing stronger gains. The firm is also testing smaller‑format stores (~one‑fifth the size) and has opened ~21 such concepts since 2021. A planned Q4 earnings update on March 6, 2026, may give further detail on fleet strategy (The Daily Record).
Employee, community and mall impacts
Macy’s said impacted workers will be notified and offered nearby transfers where possible, severance pay and outplacement assistance; local managers will provide details. Exact job‑loss totals were not disclosed. Liquidation sales are expected to last about 10 weeks beginning mid‑January (The Daily Record).
Anchor closures can dent mall foot traffic and strain local retailers, restaurants and service businesses. Repurposing large anchor spaces can be lengthy and costly, and local sales‑tax receipts may fall while communities search for new tenants or redevelopment solutions.
Broader retail trends
Macy’s moves mirror wider retailer retrenchment as chains adapt to e‑commerce competition and shifting shopper habits. Multiple national chains have announced significant 2026 store reductions as firms favor smaller footprints and digital channels (Business Insider, TheStreet).
Local angle: what shoppers and small‑town leaders should watch
- Workers: watch company notices for transfer and severance details and contact HR or local workforce agencies for retraining and placement support.
- Shoppers: expect mid‑January clearance sales that may offer bargains but signal permanent closures.
- Local leaders and mall owners: consider interim uses, incentives for new tenants or mixed‑use redevelopment to replace anchor traffic.
Sources and reporting
This article compiles Macy’s communications and local and national coverage, including: The Daily Record; Fox Business; Axios; Business Insider; TheStreet; and Bring Me The News.
Implications for the United States
Economic: closures may reduce local retail jobs and sales‑tax revenue while enabling Macy’s to reallocate savings toward stronger stores and digital offerings. Political: local officials often respond with redevelopment incentives and workforce programs. Social & cultural: for many communities Macy’s serves as a cultural anchor; losing a store can erode routines and seasonal traditions.
Practical applications
- Employees: contact Macy’s HR and local workforce agencies about transfers, severance and retraining.
- Shoppers: expect mid‑January clearance sales (~10 weeks).
- Officials/owners: begin outreach to mall owners and potential replacement tenants; consider interim activations, community uses or mixed‑use plans.
Bottom line: Macy’s additional 14 closures are a further step in a broad retrenchment. The immediate weeks of liquidation sales and employee notifications will show how communities, workers and the company adjust as the retail landscape continues shifting.
