Macy’s to Close 14 More Stores in 2026 as It Moves to Shut 150 Underperformers; Clearance Sales Start Mid‑January
Lede: Macy’s will close 14 more stores in early 2026 as part of its “Bold New Chapter” plan to shutter about 150 underperformers by year-end, redirecting investment to roughly 350 higher-performing locations; clearance sales begin mid‑January.
Key takeaways
- 14 additional closures are planned in 2026 as Macy’s continues a program to cut about 150 underperforming stores and focus on ~350 go‑forward locations (Macy’s Inc. newsroom, Fox Business, Axios).
- Clearance sales at affected stores start by mid‑January and are expected to run about 10 weeks (The Daily Record, Axios).
- Ongoing reinvestment: after 66 closures in 2025, Macy’s is reallocating capital to remodel stores, staff up, expand luxury assortments and improve digital and supply‑chain capabilities (Macy’s Inc. newsroom, TheStreet).
What Macy’s announced and why it matters
Macy’s said the latest wave of 14 closures is part of the “Bold New Chapter” plan to reshape its physical footprint and concentrate investment on higher-performing stores. The company reported 66 store closings in 2025 and says the moves free capital to remodel stores, boost staffing and expand luxury offerings to drive sales and improve customer experience. (See Macy’s Inc. newsroom.)
In an internal memo shared with employees on Jan. 8, 2026, CEO Tony Spring described the adjustments as “targeted changes” focused on reimagining top stores. Macy’s reported its strongest third‑quarter comparable sales in three years for the period ending Nov. 1, 2025 — comparable sales rose 2% overall, 2.3% at go‑forward stores and 2.7% at remodeled locations, even as net sales fell 2.3% to $4.7 billion amid prior closures and traffic pressures (The Daily Record, Fox Business).
Which stores are on the list
Macy’s and news outlets have published partial lists of the 14 planned 2026 closures. Known sites include:
- La Mesa, California — Grossmont Center, 5500 Grossmont Center Drive (Fox Business).
- Tracy, California — West Valley Mall, 3400 Naglee Road (Fox Business).
- Atlanta, Georgia — Northlake Mall, 4880 Briarcliff Road NE (The Daily Record; Fox Business).
- Glen Burnie, Maryland — Marley Station Mall (The Daily Record).
- St. Cloud, Minnesota — Crossroads Center (Bring Me The News).
Several other states — Michigan, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Texas and Washington — were listed as having affected stores, though Macy’s has not yet released full addresses for all sites (The Daily Record).
Clearance sales and employee support
Macy’s said affected stores will begin Macy’s clearance sales by mid‑January, running roughly 10 weeks — a timeline consistent with typical liquidation schedules after closure announcements (The Daily Record, Axios).
The company told employees they will receive notifications, transfer options where feasible, severance packages and outplacement support. Macy’s has not disclosed exact job loss figures as of the initial announcements (The Daily Record).
How this fits into Macy’s longer strategy
The closures follow years of pressure on department stores from e-commerce rivals and evolving shopper habits. Macy’s aims to balance trimming underperformers with reinvestment in a smaller set of high-performing locations and in smaller-format, curated experiences: the company has rolled out about 21 smaller-format stores since a Texas pilot five years ago (The Daily Record).
Company filings and public statements indicate Macy’s is reallocating capital to remodel and staff remaining stores, grow its luxury business and improve supply chain operations to support omnichannel sales (Macy’s Inc. newsroom; TheStreet).
Investigative questions and gaps
- Full list and addresses: Macy’s has not released the complete list and exact addresses for all 14 stores; reporting uses partial lists and local confirmations (The Daily Record).
- Store counts and timetable: Macy’s has not provided an updated firm count beyond its 350 go‑forward goal nor a firm timetable to complete the full 150‑store reduction (The Daily Record).
- Job impacts: Exact job impacts remain undisclosed; the company says affected workers will be offered transfers, severance and outplacement services (The Daily Record).
Implications for Las Vegas, Nevada
Economic impact
Las Vegas’s retail ecosystem — driven by tourism, outlets and mall anchors — could feel ripple effects even if no local Macy’s are among the initial 14 closures. Reduced demand for department-store anchor space can pressure mall rents and tenant mixes; local landlords and commercial brokers should monitor clearance events and vacancy risk closely (The Daily Record).
Jobs and workforce
If Macy’s pursues later Nevada closures, employees could face transfers, severance or outplacement assistance. Even without local closures, downstream impacts on mall support services and seasonal hiring are possible; workforce agencies should prepare rapid reemployment programs (The Daily Record).
Retail tourism and shopper experience
Macy’s pivot toward remodeled flagships and smaller-format immersive stores aligns with broader experience-focused retail. For Las Vegas, that could mean fewer traditional anchors and more curated, brand-driven retail or popups that match tourist demand for unique experiences (The Daily Record).
Local government and tax revenue
Mall vacancies or anchor losses can affect sales tax receipts and business license income. Clark County and city planners should track large-tenant changes because vacated anchor spaces may require redevelopment or repurposing that could affect tax forecasts and long-term planning (Macy’s Inc. newsroom).
Practical steps for Las Vegas shoppers and businesses
- Shoppers: Watch for Macy’s clearance sales and local liquidation notices starting mid‑January for potential deals (The Daily Record, Axios).
- Local retailers: Prepare tenant retention and marketing strategies to capture customers if anchors reduce hours or close.
- City planners & workforce agencies: Coordinate with property owners and employment services to map potential job impacts and space reuse options.
- Tour operators & hospitality: Consider shifting retail recommendations toward curated shopping experiences and popups that align with Macy’s smaller‑format strategy.
Sources and further reading
- Macy’s Inc. newsroom: Macy’s Inc. Confirms Planned Macy’s Store Closures
- The Daily Record: Macy’s Maryland store closure 2026
- Fox Business: Macy’s to close 14 stores as part of turnaround strategy
- Axios: Macy’s store closing list, 2026 liquidation coverage
- Bring Me The News (Minnesota): Macy’s will close 14 stores including one in St. Cloud
- TheStreet: Retail closures and industry context
“Targeted changes” — Tony Spring, Macy’s CEO (internal memo shared Jan. 8, 2026).
