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Macy’s to Close 125 Stores as It Moves Base to New York

Longtime Cincinnati Retailer's New Strategy Seeks Annual Savings of $1.5 Billion While Trying Out Formats
Macy's plans to move its corporate headquarters from Cincinnati to New York City. (iStock)
Macy's plans to move its corporate headquarters from Cincinnati to New York City. (iStock)
By Jennifer Waters
CoStar News
February 4, 2020 | 11:27 P.M.

Macy’s is closing 125 stores nationwide as part of a three-year strategy to ditch underperforming locations.

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