Macy's store closures 2026: See the full list of doomed locations in 12 states as clearance sales begin

Core Insights - Macy's Inc. is closing 14 stores across 12 states as part of its ongoing strategy to streamline operations and enhance customer experiences [1][5][8] Group 1: Store Closures - The closures are part of Macy's "A Bold New Chapter" strategy, which aims to close 150 underperforming stores by the end of 2026 [2][5] - The impacted stores will begin clearance sales this month, lasting approximately 10 weeks, with closures expected around the third week of March [6][7] - The specific locations of the 14 closing stores include states such as California, Georgia, Maryland, Michigan, Minnesota, New Hampshire, New Jersey, North Carolina, Pennsylvania, Texas, and Washington [8][9][10][11][12][13][14][15][19][20][21] Group 2: Financial Performance - CEO Tony Spring reported that the "Reimagine" element of the strategy, which involves investing in 125 of Macy's best-performing stores, has resulted in a 2.7% increase in comparative sales for those stores in the third quarter [3][4] - Macy's stock price rose approximately 5.5% to $23.72 per share following the announcement, with a year-to-date increase of 7.57% and a nearly 48% rise over the past 12 months [22][23]