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Macy’s has released a list of a handful of department stores he plans to close this year.

It includes six full-service department stores, Bloomingdale’s brand store and Macy’s, which the company said was already closed last year but has not been publicly announced.

The Bloomingdale Hotel at Miromar Outlets in Estero, Florida will be closed by the end of F4, Macy’s said. By the end of the first quarter, six full-pass locations are to be closed.

“Stores remain an integral part of our multi-channel retail ecosystem,” a Macy’s spokeswoman said Thursday. “As our business grows, we continue to optimize and relocate our store fleet to better support multi-channel sales growth and market share.”

Macy’s will offer injured workers in these locations severance pay or other positions in nearby stores, she said. The company declined to disclose how many employees work at these facilities.

Macy’s announced in mid-November that it would close around 10 stores in January. The retailer was on track to close more stores, but said it is reconsidering when to close the roughly 60 remaining open stores from a batch of 125 closings that the company had planned to close by 2023.

“The delayed closings of some stores allow us to maintain a physical presence in the market, which is critical to our revenue growth,” then-CFO Adrian Mitchell said during an earnings conference call. “The numbers are higher in markets where we have stores.”

Macy’s is also reconsidering its business with consulting firm AlixPartners amid pressure from active investor Jana Partners to spin off Macy’s stores from its e-commerce business.

Last January, Macy’s announced a list of dozens of department stores to close as part of its three-year plan. But the pace of closure is slowing as the company operates a leaner store portfolio today. According to his website, he has 516 full-fledged Macy’s department stores.

Macy’s has also tested out-of-mall and smaller malls as it closes its larger malls assigned to traditional malls.

Macy’s shares are up 143% in 2021.

Here’s a full list of Macy’s that are closing in 2022 or have already closed.


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