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Macy's to close 66 underperforming stores across U.S.

  • Macy's is closing 66 underperforming stores across the U.S., including five in North Texas, as part of its 'Bold New Chapter' strategy.
  • The closures aim to allow Macy's to focus resources on 350 'go-forward' locations with positive customer responses.
  • Kohl's is also closing 27 underperforming stores and a fulfillment center, with all affected employees informed and offered severance.
  • Both Macy's and Kohl's are making these closures to support their long-term growth strategies.
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KSDK broke the news in St. Louis, United States on Thursday, January 9, 2025.
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