NEW YORK, NY - FEBRUARY 25: Signs for the Macy's flagship store is seen on 34th Street in Midtown Manhattan on February 25, 2020 in New York City. Earlier in February, Macy's announced it was closing 125 department stores and laying off 2,000 corporate employees amidst falling profits and revenue. (Photo by Scott Heins/Getty Images)

Business News

Macy’s To Close More Stores In 2022

By Samad Robinson

January 06, 2022

Macy’s has brought in the new year with the announcement to permanently close more of their stores in 2022.

“We expect to announce about 10 closures in January with more details on the remaining stores to come later in 2022” – Adrian Mitchell, Macy’s chief financial officer

The Department store retailing plans to close 60 more stores in 2022. This is all a part of the companies storeoptimization plan.