Macy’s is closing several dozen stores as part of a previously announced turnaround plan to save the beleaguered retailer.

"Closing any store is never easy, but as part of our Bold New Chapter strategy, we are closing underproductive Macy's stores to allow us to focus our resources and prioritize inve

Macy’s has announced it is closing 66 stores across the U.S. this year. The closures come as part of a larger plan to shutter 150 “underproductive” locations by the end of 2026 in an effort to “return the company to sustainable, profitable sales growth,” the company said in a Thursday statement.