The Brief
- Another round of retail closures is hitting the tri-state area. Macy’s announced it will shut down more than a dozen additional stores in 2026.
- Approximately 14 stores are slated to close during the first fiscal quarter as part of its “Bold New Chapter” turnaround strategy.
- Macy’s, once a leading department store, was forced to implement a strategy that included shuttering about 150 stores by the end of 2026,
NEW YORK – Another round of retail closures is hitting the tri-state area. Macy’s announced it will shut down more than a dozen additional stores in 2026, including locations in New York and New Jersey, as the department store chain accelerates plans to close underperforming sites nationwide.
What we know:
Approximately 14 stores are slated to close during the first fiscal quarter as part of its “Bold New Chapter” turnaround strategy, which includes shuttering about 150 underperforming locations by the end of 2026.…