The closures are part of Macy's "Bold New Chapter" strategy, which was announced in February 2024. The reorganization, the company revealed at the time, involved closing 150 stores nationwide within three years and a pivot to a greater focus on luxury sales.

The company did not say when the Kingston Macy's would close, and a manager at the location said staff had not been given a closure date, but declined further comment.

Macy's aims to close 150 "underproductive" stores over three years, while investing in the 350 locations it has deemed worth continuing to operate as part of its "Bold New Chapter

Macy’s Inc. unveils a list of more than 60 stores slated to close this year as the retailer struggles to right itself amid diminishing foot traffic at remaining stores and breathe new life into its business.

Macy’s is proceeding with dozens of planned store cuts across the United States, including in the New York City area, as its strategic focus zeroes in on sustainable, profitable growth. The following tri-state stores are among at least 66 “underproductive” locations expected to close in the first quarter of 2025.

In the latest step in its revitalization effort, Macy's has named 66 of the 150 stores it plans to close in the next two years. The move is "designed to return the company to sustainable, profitable sales growth,

All 66 locations will begin clearance sales this month that will run for approximately eight to 12 weeks, according to Macy’s FAQ page. The post Macy’s store in Mass. among dozens closing across the U.

Macy’s will close its Center City location in the historic Wanamaker Building, the company announced Thursday afternoon, as part of a wave of 66 store closures across the country. Macy’s workers were informed that the iconic location,