Macy’s Inc. unveils a list of more than 60 stores slated to close this year as the retailer struggles to right itself amid diminishing foot traffic at remaining stores and breathe new life into its business.

The closures are part of Macy's "Bold New Chapter" strategy, which was announced in February 2024. The reorganization, the company revealed at the time, involved closing 150 stores nationwide within three years and a pivot to a greater focus on luxury sales.

Macy’s has confirmed they will be closing 66 stores across 22 states, with a majority set to shut their doors during the first quarter of 2025. About half of these are in just four states: New York (9 stores closing), California (9), Florida (8) and Texas (6).