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Major Department Store Chain Plans to Close Stores in 2026: Is Yours on the List?

Macy's will close 14 stores in 2026 as part of a plan to close 150 underperforming locations and invest in 125 'Reimagine' stores with improved customer experiences.

  • On January 8, Tony Spring, chairman and chief executive officer of Macy's, disclosed Macy's Inc. will close 14 Macy's locations this year.
  • The move is part of the three-year Bold New Chapter turnaround targeting about 150 store reductions, with 66 stores closed last year and investment planned in 125 'Reimagine' stores.
  • Macy's named affected sites across 12 states, including Fox Run in Newington, Livingston Mall in Livingston, Marley Station in Glen Burnie, La Palmera in Corpus Christi, and Tukwila in Washington.
  • Macy's told affected colleagues it communicated directly and offered support, including transfer opportunities, severance and outplacement resources, while Tony Spring's memo said the decisions were not made lightly.
  • Axios reported Wednesday that clearance sales start mid-January and run for 10 weeks, while Bloomingdale's posted 9 percent comp sales growth and Bluemercury reported its 19th consecutive quarter.
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WWD broke the news in United States on Thursday, January 8, 2026.
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