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Macy’s Closing 45 Stores to Start 2021

Supply chain woes and soaring prices defined the past year. What lies ahead? Read the 2022 Sourcing Report for a deep global dive, plus expert insights on navigating the sourcing roller coaster.

Time’s finally up for 45 Macy’s-owned stores. A spokeswoman for Macy’s Inc. confirmed on Tuesday that the closures are part of the company’s previously disclosed three-year Polaris plan that called for significant closures, predominantly in tier C and D malls. But when the coronavirus pandemic swept the nation a month later, Macy’s kept all doors…

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