Thursday's announcement was not a major surprise. The underperforming Southpark store had been rumored to close since last February.

Kiezi, who has owned Oakland Mall since 2022, said he purchased the Macy’s building and the surrounding 29 acres in April 2024. He expects to have possession of the store May 1.

The closures are the latest in a cost-cutting campaign that has shuttered hundreds of locations in a bid to stave off online retailers and other rivals.

In addition to growing its luxury and beauty brands, Macy’s is improving online and in-store shopping integration. The company is also modernizing its supply chain and using data to personalize ...

Retail giants Kohl's and Macy's will close 27 and 66 underperforming stores across the U.S. in 2025, respectively.

Nine New York Macy's stores will close their doors as part of a revitalization plan the company announced last year.

Macy's announced 66 stores that it will close soon, a part of its previously announced plan to shink the chain by about 150 stores it deemed as underperforming. See full list.

Macy's is closing ... company's acceleration of store closures comes as big-box stores struggle, with fewer shoppers visiting malls and more Americans purchasing essentials online, a shift that ...