How many Macy’s stores are closing in Q1 2026?

Macy’s plans to close 14 stores across 12 states in Q1 2026. This is the first wave in a broader plan to close 150 locations and focus investment on about 350 core stores. Local reports confirm examples in Michigan and New York, with mid-January clearance events lasting around 10 weeks.

When do clearance sales start and how long will they last?

Clearance events are set to begin in mid-January and run for about 10 weeks at affected locations. Shoppers should expect deeper discounts as inventory sells down, along with fewer sizes and brands late in the sale. Consider shopping early for selection, and later for the steepest markdowns.

What is Macy’s “Bold New Chapter” strategy?

“Bold New Chapter” is Macy’s retail turnaround strategy to close 150 underperforming stores and channel capital into about 350 core locations and digital. The goal is higher margins, more efficient stores, and better returns on capital. It follows a strong holiday season that supports execution and customer retention.

What should investors watch as closures progress?

Focus on comparable sales and traffic in the 350 core stores, gross margin trends through and after clearance, inventory turns, and SG&A rate. Monitor lease exit progress, capex reallocation to top projects, and local market share retention where stores close. These signals will show if the strategy is working.

Global Market Insights

January 10: Macy’s to Close 14 Stores in Q1 under Turnaround Plan

ByDanny Kontos January 10, 2026January 10, 2026

Macy’s confirmed macy stores closing in Q1 2026 as part of its “Bold New Chapter” retail turnaround strategy. Fourteen locations across 12 states will wind down, with clearance sales starting mid-January for about 10 weeks. Management plans to close 150 locations and focus investment on 350 core stores. The move follows strong holiday sales and aims to lift margins and improve capital efficiency. We explain the plan, the Macy’s closures list context, what customers should expect, and the key signals investors should watch this year.