Macy's will be closing 66 "underproductive" locations in 2025 as part of a company strategy to return to profitable sales growth, according to a statement from the company.
"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," said Tony Spring, chairman and chief executive officer of Macy's, Inc.
"...This plan [Bold New Chapter] 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," the release reads.
Not included on the list is the Macy's location inside Hoover's Riverchase Galleria, which has been up for sale since August, but remains on the market and in operation.
Hoover Economic Development Manager Greg Knighton previously told AL.com that the city and Riverchase Galleria management are prepared to start scouting a replacement store if the mall's Macy's location closes.