Macy’s closings: Even more stores shuttering in 2025. See ... - nj.com

2 days ago · Macy’s store closings 2024: The latest on the stores closing this year Party City is closing all stores immediately and laying off staff after 38 years in business, including 25 N.J. …

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New Jersey News: Macy's Closes 150 Stores - Hudson Reporter

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Mar 8, 2024 · Major Store Closures in New Jersey. Macy’s has announced that it will be closing 150 of its stores, approximately 30% of its total locations.This decision comes as part of a …

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Is Macy's closing 150 stores in New Jersey?

Macy's is closing 150 stores. What could this mean for New Jersey locations? Macy's recently announced plans to close about 150 store locations as a part of a new business strategy. According to a news release from the retailer, about 150 "underproductive locations" will close through 2026. ...

How many Macy's stores will close by 2026?

Last year, Macy’s announced it was closing 150 underperforming stores by 2026, shrinking its footprint to about 350 locations when the plan is finished. The 66 store closings revealed Thursday are included in that multiyear initiative. But, until now, Macy’s had not publicized which stores were set to close. ...

Will Macy's close 150 underperforming stores in New Jersey?

(David Allen/Patch) NEW JERSEY — Macy’s plans to close 150 underperforming stores amid slipping sales, the department store chain said Tuesday. It’s unclear if New Jersey stores are among those that will be shuttered. The announcement came after the company posted a fourth-quarter loss and declining sales. ...

Why is Macy's closing 66 stores?

Macy’s is closing 66 stores starting in January as a part of its “A Bold New Chapter” plan. The company announced this latest development Thursday as it struggles to keep up in the retail market as a result of declining sales, according to a statement from Macy’s. However, the plan for Macy’s to close even more stores than in 2024 is nothing new. ...

Why is Macy's closing a store?

"Closing any store is never easy, but as part of our Bold New Chapter strategy, we are closing underproductive Macy’s stores to allow us to focus our resources and prioritize investments in our go-forward stores, where customers are already responding positively to better product offerings and elevated service," CEO Tony Spring said in a statement. ...

How many Macy's are in New Jersey?

As of March, Macy's Inc. had 481 Macy's locations, with 25 of them in New Jersey. This article originally appeared on NorthJersey.com: Macy's is closing 150 stores. What could this mean for New Jersey locations? ...