Which Macy'S Stores Are Closing In 2024. Macy's is closing five stores and trimming its workforce by 3.5%, the retailer confirmed to axios thursday. Macy's announced 150 stores will be closing by 2026 to shutter underproductive sites and realign resources into the remaining locations.

The company is closing 150 underperforming stores — 50 by the end of 2024 and the other 100 over the next few years. While macy’s had a strong third quarter.