Department storesSep 8, 2026
Macy's is closing one-third of its stores — and growing anyway
Official homepage: https://www.macys.com Introduction America's largest department store is closing roughly 150 locations — about one-third of its fleet — while, according to its public earnings disclosures, posting its strongest comparable-sales growth in several years. Macy's reported fiscal 2025 net sales of $21.8 billion, with comparable sales up 1.5% — a return to annual comp growth. In Q1 fiscal 2026, comps rose 3.0% , and in Q2, 1.9% , with management raising full-year guidance to $21.15–21.45 billion . A shrinking footprint, a growing business Fiscal 2025: Net sales $21.8B; comps +1.5%. Q1 fiscal 2026: Sales up 1.8% to $4.7B; comps +3.0%. Q2 fiscal 2026: Revenue $5.0B, down 1.9% — a decline the company attributes largely to store closures, wh …
