Macy’s CEO: Will Close More Stores in 2026
NeutralFinancial Markets

- Macy's CEO Tony Spring announced plans for additional store closures in 2026, citing record service scores and a growing digital business as key factors. This decision aligns with the company's ongoing strategy to adapt to changing consumer preferences and enhance operational efficiency.
- The planned closures indicate a significant shift in Macy's retail strategy, focusing on optimizing its physical footprint while bolstering its online presence. This approach reflects the company's commitment to improving customer experience and financial performance amid a competitive retail landscape.
- As Macy's navigates these changes, the broader retail sector is witnessing varied consumer spending patterns, particularly during the holiday season. While some retailers, like Bloomingdale's, express optimism about holiday sales, Macy's closures highlight the challenges faced by traditional brick-and-mortar stores in an evolving market.
— via World Pulse Now AI Editorial System







