Macy's aims to close 150 "underproductive" stores over three years, while investing in the 350 locations it has deemed worth continuing to operate as part of its "Bold New Chapter

Macy’s has announced it is closing 66 stores across the U.S. this year. The closures come as part of a larger plan to shutter 150 “underproductive” locations by the end of 2026 in an effort to “return the company to sustainable, profitable sales growth,” the company said in a Thursday statement.

Macy's announced 66 stores that it will close soon, a part of its previously announced plan to shink the chain by about 150 stores it deemed as underperforming. See full list.