Macy’s announced the closing of 66 of its stores nationwide, including five in South Florida, as part of its “Bold New Chapter” strategy. That strategy is hardly a secret as the New York retail giant said last year Macy’s would close up to 150 under-performing stores through 2026 in an effort to shore up flagging profits.

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.

Nine New York Macy's stores will close their doors as part of a revitalization plan the company announced last year.

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),

Macy's announced Thursday it would close 66 of the company's "non-go-forward" stores, including seven in Florida. The "Bold New Chapter" for the company "is designed to return the company to sustainable,