Macy\u2019s plans to shutter 14 locations nationwide, including two in California, in the coming months. <\/p>\n
In California, the La Mesa and Tracy locations are slated for closure. Clearance sales will begin in mid-January and run for about 10 weeks, a Macy\u2019s spokesperson said.<\/p>\n
Closures also are planned for 12 stores across Georgia, Maryland, Michigan, Minnesota, North Carolina, New Hampshire, New Jersey, New York, Pennsylvania, Texas and Washington.<\/p>\n
\u201cClosing a store is never easy, and we don\u2019t take these decisions lightly \u2014 but this focus enables us to deliver a stronger, more consistent Macy\u2019s experience over the long term,\u201d spokesperson Orlando Veras said in an emailed statement.<\/p>\n
The company previously announced plans to close 150 stores<\/a> by 2027. Last month, it reported<\/a> having a better-than-expected quarter, including its strongest comparable sales growth in three years. <\/p>\n The department store chain\u2019s chief executive, Tony Spring, wrote in a statement<\/a> Thursday that the company\u2019s decision to close \u201cunderproductive stores\u201d is part of a broader strategy to focus on \u201creimagining\u201d its stronger stores and updating its supply chain. <\/p>\n The closures also will enable Macy\u2019s to focus on expanding its luxury business, Spring said. The upscale department store Bloomingdale\u2019s is a subsidiary of Macy\u2019s and performed well during the most recent fiscal quarter.<\/a> <\/p>\n There are 424 Macy\u2019s locations, according to the company\u2019s store count<\/a>.<\/p>\n In February 2024, Macy\u2019s announced plans to shrink its physical footprint by 30% by 2027.<\/p>\n It announced the first 66 closures<\/a>, including the downtown Los Angeles location, early last year. Before that, Macy\u2019s closed<\/a> its outlets in Simi Valley and Baldwin Hills and laid off 3.5% of its workforce.<\/p>\n Macy\u2019s isn\u2019t the only retailer shedding brick-and-mortar locations.<\/p>\n Supermarket operator Kroger, the parent company of Ralphs and Food 4 Less, last year decided<\/a> to close more than 60 stores nationwide amid labor unrest and a failed merger with Albertsons.<\/p>\n Home goods retailer At Home closed 26 stores nationwide, including eight in California, as it declared <\/a>bankruptcy. <\/p>\n