Macy'S Stores Closing In 2024. The department store retailer said on tuesday it would close about 150 “underproductive locations” through 2026, with 50 of these closures set for 2024. Macy's, an anchor of so many shopping malls, plans to close 150 department stores in a bid to reinvigorate sales and shift its public image more toward.

Macy’s announced it will close 150 stores. Macy’s, the country’s largest department store operator, told employees thursday that it was laying off 13 percent of its corporate work force.