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Stock impact report

Beloved Department Store is Closing Locations Across 12 States [Yahoo! Finance]

Macy's Inc (M) 
Last macy's inc earnings: 2/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
Company Research Source: Yahoo! Finance
The 165-year-old retail icon has confirmed the closure of 14 additional locations this spring, a move that impacts communities across 12 different states. The announcement comes as part of a broader mandate issued by CEO Tony Spring to "reinvigorate relationships with customers" by stripping away underperforming assets. By the end of 2026, Macy's aims to have eliminated 150 stores — nearly a third of its fleet — to focus on a smaller, more profitable core of high-traffic locations. Macy's S tore Closings Happening in April Shoppers in Tarentum, Pennsylvania, are the first to feel the weight of this round. The Pittsburgh Mills location, which has anchored its local mall since 2005, will officially cease operations on April 26, 2026. Staff at the location have reportedly been selling off everything down to the shelving units as the store prepares for its final day of service. While Macy's has stated that "closing a store is never an easy decision," the company maintains that the Show less Read more
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