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 is closing 66 store locations that it has said are underperforming. The closures are part of the storied retailer's turnaround strategy. The company referred to the brick-and-mortar stores it's shuttering as "non-go-forward" locations.