No, Macy's is not going out of business in 2025/2026; rather, they are executing a "Bold New Chapter" strategy to close around 150 underperforming stores by 2026, reinvesting in about 350 key locations, and expanding luxury brands like Bloomingdale's and Bluemercury to achieve sustainable growth. The closures, including dozens in 2025 and more in early 2026, are part of a plan to focus resources on profitable stores and digital capabilities, not a sign of overall collapse, according to company statements and financial news.

What stores are officially closing in 2025?

Here are the retailers who announced store closures in 2025

• Kohl's. ...
• Big Lots. ...
• Macy's. ...
• Dollar General. ...
• Joann. ...
• JCPenney. ...
• Hooters. ...
• Red Robin.

What is the future of Macy's?

In early 2024, Macy's unveiled its "Bold New Chapter" strategy, a plan to shutter around 150 underperforming stores by 2026 while focusing investments on its remaining 350 stronger locations. The company's growth ambitions now center on its more profitable, higher-end divisions, such as Bloomingdale's and Bluemercury.

What stores are going out of business in 2026?

In 2026, major retailers like Macy's, Kroger, and Yankee Candle, along with some REI and potentially Wendy's locations, are closing stores to focus on profitability and e-commerce, continuing a trend driven by changing consumer habits and online competition, with hundreds of closures expected across different sectors.

Are any new stores opening in 2025?

Target, Walmart, Costco, and Trader Joe's plan to open new stores in 2025. New store openings are planned in over a dozen states, including California, Texas, and Michigan.

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Is Macy's closing 66 more stores as part of turnaround plan?

announced Thursday it will close 66 underperforming stores, including four in Michigan. The closures are part of an ongoing strategy the retailer calls "Bold New Chapter," which it says will return the company to sustainable and profitable growth.

Will Macy's make it to 2026?

Macy's plans to continue closing 150 "underproductive" stores in 2026 as part of a plan announced in 2024. Macy's plans to close 14 stores in 2026 after identifying 66 stores for closure in 2025. Ohio is home to 18 Macy's stores, but none of them appear on the list of stores closing in 2026.

How many Macy's stores will be left?

Most of the locations will shutter in Q1, including two in California; two in New Jersey; and one each in Georgia, Maryland, Michigan, Minnesota, New Hampshire, North Carolina, Pennsylvania, Texas and Washington.

Will CVS close stores in 2025?

In February, CVS stated in an annual report that it would close 271 stores in 2025 as part of “enterprise-wide restructuring plan intended to streamline and simplify the organization.”

What stores are permanently closing in 2025?

Here are some of the major chains that went bust in 2025:

• Forever 21. Forever 21 filed for bankruptcy (for the second time) in March and closed down its US operations, shuttering about 500 stores. ...
• Joann. ...
• Party City. ...
• Rite Aid.

What stores will be gone by 2026?

Retailers and restaurants that have already announced closures...

• Carter's. Children's clothing is displayed at a Carter's Babies and Kids store on November 17, 2025 in Colma, California. ( ...
• Foot Locker. ...
• Kroger. ...
• Macy's. ...
• Red Robin. ...
• REI. ...
• Walgreens. ...
• Wendy's.

What stores will not make it through 2025?

Chains from Kohl's and Macy's to Starbucks and Rite Aid announced widespread shutdowns this year amid tariffs, bankruptcies and shifting shopping trends.

Is Walmart expanding in 2025?

The retailer's expansion goals are motivated by a desire to serve as many customers as possible, generate jobs, and establish itself as a low-cost favorite. In 2025, the business plans to open eight more outlets. A new Walmart Supercenter, complete with a 16-pump fuel station, will open in Eastvale, California.

What grocery stores are closing in 2025?

But a number of larger chains have announced store closures in 2025, including:

• Albertsons.
• Grocery Outlet.
• Safeway.
• Shaw's.
• Stop & Shop.
• Winn Dixie.

Is Macy's or JCPenney closing?

Macy's: Set to close 66 underperforming stores in 2025 as part of a larger plan (~150 stores by 2026) to shrink its footprint. JCPenney: Announced the closure of eight stores by mid-2025 due to expiring leases and market conditions (not a full footprint reduction).

What are your rights when a store closes?

If the company has not filed for bankruptcy, the business is still obligated to fulfill your order for goods, services, or a refund. Closing a business doesn't relieve the owner of that responsibility. While it can be time-consuming and expensive, a consumer may take the company to court.

What will happen to Macy's?

Macy's, once a leading department store, was forced to implement a strategy that included shuttering about 150 stores by the end of 2026, to return it to "sustainable, profitable sales."

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