Macy’s
Macy’s is the latest department store chain to announce a wave of location closures over the next few years. The retailer stated in January that 45 shops would close permanently in 2021. According to CNBC, the closures are part of Macy’s bigger plan to eliminate 125 locations by 2023, limiting the company’s presence to high-end shopping complexes.
Macy’s
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Bed Bath & Beyond
Bed Bath & Beyond announced plans to close 200 stores the prior year. In addition, 200 more outlets will close by 2021. As of February 2021, the company had 43 locations that were permanently shuttered. Closures occurred in 19 jurisdictions, with California having the most with nine.
Bed Bath & Beyond