Macy’s confirms it’s closing location in popular mall as part of 66 shutters, but shoppers to see ‘elevated destination’

The closures continue throughout the country for MACY's as it goes forward with the bold new chapter plan.

The multi -department store chain will close at least 150 sites by the end of 2026 as part of its retail fingerprint update.

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At least 66 closing operations will be completed by the end of January, and the basic commodity store will be in a popular commercial center part of the list.

Customers who frequented Mace's will not be able to be able to be able to shop in the Superstition Springs Center, a commercial center in Mesa, Arizona, soon shopping, according to the Mesa Tribune.

The official closure date has not been confirmed yet.

Superstations Spring Center is likely to be closed at the time of the end of January, due to the current schedule indicated by MACY's on its initiative.

The remaining main stores at the JCPENNEY and Dillars?

A SEARS site also left the area in 2018 after submitting a bankruptcy request under Chapter 11.

Slowly but steadily, many other MACY's stores all over the country began to confirm the closures as part of the 66 -stores full menu.

In Mablood, Minnesota, about 15 miles east in the center of Munyabolis, the famous Messi company said earlier this month that it would close its doors in just weeks with the start of liquidation sales.

Another company MAKY's in Salem, Oregon, said it would close its doors by the end of March.

Increase

The original estimated closure of the new year was only 50 sites, but it was rapidly increased during the profit call in September 2024 to 55.

Then it was raised again to 65 during the third quarter profit call, but it was recently confirmed that it is 66, for each Axios.

CEO Tony Spring had previously confirmed that the removal of the 66 stores was only necessary because it was not only “less productive”, but would also bring an additional amount ranging from 600 to $ 700 million to MACY's to re -invest in its smaller updates and coordination. New stores.

“At the beginning of the closure strategy, [we] Spring told investors that we have less profitable and less productive sites, and we wanted to achieve income from them as soon as possible.

“So the fact that we closed more stores this year is a reflection of the fact that our assets have value and even in this less stable market, we are conducting transactions.”

The arrival of the holes

As part of the Bold New Chapter plan, the MACY's will redesign 350 stores from the remaining stores after the collective closure.

In addition, it plans to open 30 new locations, 15 new stores in Bloomingdales, and 30 new stores in Bluemercury by the end of 2026.

It was necessary to take bold steps for the major store series after its recent optimal sales performance, with a total decrease of 2.4 % on an annual basis.

Springs have been recorded approximately $ 4.7 billion in the last financial quarter, and Spring indicated in the large exhibition held by the National Federation for sale in New York City this month that the Mace's shopping experience “should be better” for consumers.

For this reason, according to the CEO, the bold new chapter provides “a real opportunity to re -imagine the MACY's Inc.”. To go forward.

To date, at least 50 MACY sites have started to design.

“We have chosen 50 stores and we said: Let's focus on those fifty stores, so let's raise our game level regarding the goods squad,” Spring said at the National Union event.

Many other major stores closed their positions during the past year.

JCPENEY closed at least four, with more planning in 2025.

Kohl's recently confirmed that it will cancel 27 sites.