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Macy’s store in Mass. among dozens closing across the U.S.
All 66 locations will begin clearance sales this month that will run for approximately eight to 12 weeks, according to Macy’s FAQ page.
A Macy’s location at the Kingston Collection shopping center is closing this year along with 65 other Macy’s stores in the U.S., the company revealed Thursday.
The closures are a part of a new plan, called the Bold New Chapter strategy, that aims to promote sustainable and profitable sales growth by closing around 150 unproductive stores within three years and investing in 350 “go-forward” stores, according to a press release issued by Macy’s Inc.
All 66 locations will begin clearance sales this month that will run for approximately eight to 12 weeks, according to a customer FAQ page. Stores will officially close within the first quarter of 2025.
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“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,” said Tony Spring, chairman and chief executive officer of Macy’s, Inc., in the statement.
The Kingston Macy’s website informs customers of the closure, advising them to either visit the Macy’s in Hanover Crossing mall — about 16 miles away — or check the store locator. There are 15 other Macy’s stores in Massachusetts.
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Also a part of the Bold New Chapter strategy, Macy’s has invested in pilot stores that it said boosted sales in the last three quarters and increased customer satisfaction, according to the statement.
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