- Start
- Jan 9, 202590% CONFIDENCEfrom the source
Macy's Confirms 66 Store Closures Under Bold New Chapter
- Macy's confirmed on 9 January 2025 it would close 66 non-go-forward Macy's stores, part of a plan to shut roughly 150 underproductive stores over three years[1]
- Chairman and CEO Tony Spring said the closures let the company "focus our resources and prioritize investments in our go-forward stores, where customers are already responding positively"[1]
- The Bold New Chapter strategy, announced in February 2024, channels investment into 350 go-forward Macy's stores through fiscal 2026[2]
- Macy's said its pilot "First 50" go-forward stores had already produced three consecutive quarters of sales growth and record customer-satisfaction scores[1]
References 281% CONFIDENCE
The first entry is always the pin's source. Overall confidence is a weighted average of how firmly each reference supports the start and end times used above; a reference counts half as much for every 180 days older than the newest.
- [1]90%stocktitan.net/news/M/macy-s-inc-confirms-planned-macy-s-store-1jh2vm6qy0zk.htmlstocktitan.net· Posted Sep 25, 2026· Starts Jan 9, 2025 ✓· 50% of score
The press release is datelined "NEW YORK--(BUSINESS WIRE)-- January 9, 2025"; no time of day is given.
- [2]72%Macy's, Inc.en.wikipedia.org· Added Sep 25, 2026· 50% of score
Corroborates that Macy's announced in February 2024 it would close about 150 stores by 2026 as part of the wider Bold New Chapter plan that this round of 66 closures belongs to.[1]
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