Macy’s Stores Closing Update: 65 Stores to Close Soon

Story by Apoorv Rastogi

Image from ComingSoon.net

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Macy's announces the closure of 65 underperforming stores, as the retail giant struggles to adapt to shifting consumer habits and online competition.

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Macy's original plan was to shut down 50 stores, but the company has now decided to close 65 locations by the end of January 2025, citing a 'favorable deal-making environment'.
Macy's reported a 2.4% decline in net sales for the third quarter, further highlighting the challenges the department store chain faces in the evolving retail landscape.

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Tony Spring, Adrian Mitchell, Macy's, Bloomingdales, Bluemercury