Macy's has revealed plans to shut down 66 additional stores in 2025 as part of a strategy to streamline its retail operations. This decision comes as the department store giant navigates shifting consumer shopping behaviors and focuses on enhancing its digital and e-commerce capabilities.

The moves are a “part of the Bold New Chapter strategy, which was announced in February 2024,” the company said.

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.