The Full List: 66 Macy's Stores Closing In 2025 As 'A Bold New Chapter' Begins
The iconic department store, Macy's, Inc., is undergoing one of the most significant retail restructurings in its history, a move that will see a third of its locations shut down nationwide. Announced in early 2024, the company's "A Bold New Chapter" strategy is a massive, multi-year plan to close 150 underperforming stores by 2026, with the first and most impactful wave of 66 closures confirmed for 2025. This decision, while painful for local communities and employees, is a calculated effort to stabilize the company's financial health, shift focus to high-performing locations, and accelerate growth in its luxury and off-price brands.
As of December 22, 2025, the full list of the 66 "non-go-forward" Macy's locations slated to close in 2025 has been confirmed by the company, signaling a decisive pivot away from struggling mall-based retail. This first round of closures is intended to streamline operations and free up capital for a major investment push into the remaining, more profitable stores, a crucial effort to adapt to the rapidly evolving consumer landscape and the dominance of e-commerce.
The Confirmed List of Macy's Stores Closing in 2025
The initial phase of the "A Bold New Chapter" strategy targets 66 underperforming Macy's locations, which the company has identified as "non-go-forward" stores. These closures are strategically aimed at maximizing the value of the company's remaining footprint, allowing for a concentrated focus on the 350 most profitable locations. The liquidation sales for many of these stores are expected to begin in early 2025 and run for approximately 10 weeks.
Here is a representative list of the Macy's stores confirmed to be closing in 2025, organized by state. This list reflects the broad geographic scope of the company's restructuring:
- Arizona: Superstition Springs Center (Mesa)
- California: Otay Ranch Town Center (Chula Vista), Sunrise Mall (Citrus Heights), Broadway Plaza (Walnut Creek), Hillsdale Furniture (San Mateo), Westminster Mall (Westminster)
- Colorado: Citadel Mall (Colorado Springs)
- Florida: Paddock Mall (Ocala), Lake Wales Mall (Lake Wales)
- Georgia: Mall at Stonecrest (Lithonia)
- Illinois: Northwoods Mall (Peoria)
- Indiana: Tippecanoe Mall (Lafayette)
- Kentucky: Greenwood Mall (Bowling Green)
- Maryland: Lakeforest Mall (Gaithersburg)
- Michigan: Laurel Park Place (Livonia)
- Minnesota: Northtown Mall (Blaine)
- New Jersey: Moorestown Mall (Moorestown)
- New York: Lake Success (New Hyde Park), Melville Mall (Huntington), Queens Place (Elmhurst), Sheepshead Bay (Brooklyn), Mall at Greece Ridge (Rochester)
- Ohio: Upper Valley Mall (Springfield)
- Oregon: Washington Square (Tigard)
- Pennsylvania: Wyoming Valley Mall (Wilkes-Barre)
- Texas: Almeda Mall (Houston), Fairview (Fairview), Shops at Willow Bend (Plano), Southlake Town Square (Southlake), West Bend (Fort Worth)
- Virginia: Manassas Mall (Manassas)
- Washington: Everett Mall (Everett)
The closures span across dozens of states, highlighting the challenges faced by traditional department stores in various markets, particularly those anchored in older, less trafficked shopping malls.
The Strategic Rationale: 'A Bold New Chapter'
The massive downsizing is not merely a cost-cutting measure; it is the cornerstone of a new corporate vision called "A Bold New Chapter." This strategy, championed by Macy's leadership, is a fundamental repositioning of the company to return to enterprise growth by focusing on three core pillars: strengthening the Macy's nameplate, accelerating the luxury market, and revitalizing its product assortment.
Focusing on 'Go-Forward' Stores and E-commerce
The plan involves concentrating investment on the remaining 350 "go-forward" Macy's stores, which represent the company's most profitable and highest-potential locations. The company has already seen positive results from its pilot program, the "First 50," where investments in improved store layouts, personalized shopping experiences, and better product curation have led to boosted sales for three consecutive quarters.
Furthermore, a significant portion of the capital freed up by the closures will be redirected to enhance the digital and e-commerce experience. In the modern retail environment, a seamless omnichannel strategy—integrating the physical store with the online shopping platform—is critical for survival, and Macy's is prioritizing this transition to better compete with online giants and other major retailers.
Accelerating the Luxury and Off-Price Segments
A key component of the "Bold New Chapter" is the aggressive expansion of Macy's luxury brands, Bloomingdale's and Bluemercury. These segments have shown strong performance and higher profit margins, making them central to the company's future growth.
- Bloomingdale's: The strategy includes opening new, smaller-format Bloomingdale's stores and expanding its presence in key markets.
- Bluemercury: The beauty and spa chain is set for significant growth, with plans to open new locations and enhance its product offerings to capture a larger share of the lucrative prestige beauty market.
By shifting resources to these high-growth, high-margin areas, Macy's aims to diversify its revenue streams and reduce its reliance on the traditional, struggling department store model. This strategic pivot acknowledges that the future of retail is increasingly polarized, favoring either the luxury/experiential or the off-price/value segments.
The Ripple Effect: Real Estate and Employee Impact
The closure of 66 Macy's stores in 2025 will have a profound impact on local economies, employees, and the commercial real estate market. The sheer scale of the closures—representing approximately one-third of the entire Macy's fleet—is a major event in the retail landscape.
Impact on Employment
The closures will unfortunately result in thousands of job losses across the country. Macy's, Inc. employed around 94,000 workers, including salespeople, stock workers, and managers, and the mass layoffs contribute to increased unemployment rates in affected communities. The company is expected to offer severance packages and, where possible, transfer opportunities to displaced employees, but the overall impact on local workforces is significant.
Commercial Real Estate Implications
The closing of a major anchor store like Macy's often has a devastating ripple effect on the surrounding mall and retail centers. The loss of foot traffic can lead to further vacancies and a decline in local tax revenues. For the commercial real estate market, these closures present both a challenge and an opportunity.
Macy's owns many of its real estate properties, and the sale of these prime locations is a crucial part of generating the capital needed for the "A Bold New Chapter" investments. Redevelopment of these large, often well-located, former department store spaces into mixed-use developments, residential units, or alternative retail formats will be a major trend in the coming years. This repositioning of assets is a strategic financial move to unlock shareholder value.
Ultimately, the 2025 store closures are a painful but necessary step in Macy's journey to reinvent itself. By shedding underperforming assets and aggressively investing in its best stores and luxury brands, the company is betting on a smaller, more focused, and more profitable future.
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