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Macy’s Announces Florida Store Closures
Last week, ConnectCRE reported on a Macy’s store in Tampa that was purchased and will be repurposed. Macy’s has since confirmed the closure of 66 Macy’s non-go-forward store locations, with seven being in Florida. These closures are a part of the Bold New Chapter strategy, which was announced in February 2024. This plan is designed to return the company to sustainable, profitable sales growth which includes closing approximately 150 underproductive stores over a three-year period while investing in its 350 go-forward Macy’s locations through fiscal 2026. Besides the Tampa store, Macy’s in Boynton Beach, Ft. Lauderdale, Pembroke Pines, Miami and Sarasota will be closing.
Macy’s says it enters 2025 well-positioned to build momentum with a stronger store fleet and remains focused on bringing this enhanced customer experience to more locations nationwide and through its digital channels.
Customers can access detailed information about local go-forward stores through the Customer FAQ and Store Locator tool on macys.com.
