In all, 64 Macy's stores in several states, including Florida, New York, California, and Pennsylvania, are set to close, according to a listing of online closures. Most stores are expected to close in the first three months of 2025. The list of closings can be found here.

The closures are part of a strategy the retailer calls "Bold New Chapter," which it says will return the company to sustainable and profitable growth.

The company said the closures were part of their “Bold New Chapter strategy.” “This plan is designed to return the company to sustainable, profitable sales growth which includes closing approximately 150 underproductive stores over a three-year period while investing in its 350 go-forward Macy’s locations through fiscal 2026,