Macy’s Planning to Close 30 More Stores in 2020

By Jenna | Staff Writer

Jan 08, 2020 @ 12:24 PM MST

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Will your local Macy’s be affected by the newest round of store closures?

Business Insider is reporting that Macy’s plans to close 30 stores in the onlineing weeks. In 2016, the onlinepany first announced that it would close 100 stores after reporting six consecutive years of declining sales. Since then, Macy’s has been closing these locations as their leases expire.

There has been no official word from the onlinepany on whether this recent wave of closures was part of the 2016 plan, but a onlinepany representative said that Macy’s “regularly reviews” its store portfolio and would provide a more detailed update on the onlinepany’s Investor Day, scheduled for February 5th.

Clearance sales are set to begin soon at the closing locations, and they will run for approximately eight to twelve weeks. To see the onlineplete list of stores affected by Macy’s planned closures, visit BusinessInsider.online.

Stay informed with all the latest news of store closures, bankruptcies, and liquidation sales!

Join The Discussion

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NV2007 January 8, 2020 at 12:29 pm MST

SO sad. I’m not in this business, but sometimes I wonder if these stores downsized on their B&M overhead, maybe they could survive? I’m glad to see my local Macy’s stores are staying open (for now), but man… some of them are SO huge. Their footprint is just so enormous, their overhead has to be a revenue killer. I have visions of these amazing stores reinventing themselves with self-serve kiosks at the beauty counters (vs. several sales consultants bombarding you as you walk through), racks that hold more than 20 garments at a time, and utilizing the half empty walls where garments once hung in abundance. Maybe…

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Happy Aunt January 8, 2020 at 12:37 pm MST

I’ve really missed having Younkers around at Christmas time, especially. I’ve placed a couple orders with Macy’s online, but the nearest physical store is several hours away. A sad sign of the times.

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Luv2save2 January 8, 2020 at 12:42 pm MST

Mine is on the closure list after 50 years. 🙁

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Sue January 8, 2020 at 12:46 pm MST

Somewhere, Jeff Bezos is smiling…………..

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Breezy January 8, 2020 at 1:07 pm MST

Nooooo one of the Macy’s that I shop at is closing too. Ugh, that sucks especially for that mall.

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Casey January 8, 2020 at 1:26 pm MST

Everything is going online which stinks. There are still items that I can’t order without trying on first.🙁

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Bryant January 8, 2020 at 6:09 pm MST

There are now online services for that too though. Try before you buy.

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snezhinka January 8, 2020 at 2:23 pm MST

Somehow all three within 10 mile radius Macy’s stay open.
Check your Lands End stores though, if you have one nearby, LE is pulling all their physical stores within Sears stores out. They are opening stand alone stores instead, but none near me. 🙁

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Sharon January 8, 2020 at 3:32 pm MST

I have never been in one.

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Lo January 8, 2020 at 3:54 pm MST

Our mall just lost Sears. We still have Macy’s and JCP anchors but we’ll see.

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Jodi E. January 8, 2020 at 4:03 pm MST

My store is closing after 70+ years. We don’t have any other department stores. It’s really sad.

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Ashley January 8, 2020 at 4:10 pm MST

We lost Sears and our Macy’s is on the list.

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Father1st January 8, 2020 at 5:22 pm MST

I feel for all the families that are effected by this. All the stock workers, cashiers, sales associates, managers, assistant managers etc. This has beonlinee a trend, our economy is getting worst and worst.

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PD January 8, 2020 at 6:52 pm MST

Omg! I am really worried about the employees and their families. It’s won’t be easy for the impacted families 😔

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Bigdangtheory January 8, 2020 at 10:07 pm MST

Our Sears is closing down, and I feel bad for the employees 😥

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