By Willy Barton @ Shutterstock.com
In 2020, Macy’s prepared a major restructuring. Throughout the year, and in 2021, Americans began spending inordinate amounts of their stimulus money on retail goods. Despite the bonanza, Macy’s, in the face of online competition, still plans to close down stores. USA Today’s Kelly Tyko reports:
More Macy’s stores are slated to permanently close in 2022.
Days into the new year, the department store chain confirmed a new round of store closures to USA TODAY. Macy’s Inc., which also runs Bloomingdale’s and Bluemercury, identified six Macy’s and one Bloomingdale’s Outlet store that will shutter in this round. (See the list below.)
“Stores remain an integral part of our omnichannel retail ecosystem,” Macy’s said in a statement to USA TODAY on Wednesday. “As our business evolves, we continue to optimize and reposition our store fleet to more effectively support our omnichannel sales growth and expand market share.”
The closures are part of Macy’s three-year plan to close one-fifth of its stores, or roughly 125 locations, which was first announced before the coronavirus pandemic in February 2020. The pandemic led Macy’s and other retailers to temporarily close stores for in-person shopping for months.
In early 2020, Macy’s announced the first closures as part of the store optimization plan. Last January, another round of closings was announced.
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