What Macy Stores Are Closing In 2024 Schrikkeljaar. The company is closing 150 underperforming stores — 50 by the end of 2024 and the other 100 over the next few years. Macy's says it will close more stores by the end of 2024 than originally planned as the company continues its bold new chapter strategy with a greater focus on luxury growth.

Macy’s said its accelerating the number of stores it plans to close this year as it works to turn around the struggling business. Macy’s plans to close 5 stores in 2024.