Macy'S Store Closures 2024

Macy'S Store Closures 2024. Macy’s, the country’s largest department store operator, told employees thursday that it was laying off 13 percent of its corporate work force. Macy's plans to close 150 stores over the next three years and 50 by the end of 2024, the department store said tuesday.

Macy’s recent announcement to close nearly 150 stores by early 2027 marks a pivotal moment for the us retail sector, reflecting the ongoing challenges faced by. The department store operator has long been a mall.