Macy’s to cut more than 2,000 jobs, close stores in Florida and California

(Editor’s note: The Staten Island Mall Macy’s is not impacted by the closures.)

Macy’s is closing a handful of its stores and cutting over 2,000 jobs.

The well-known department store company recently announced a plan to close five U.S. store locations and lay off 2,350 employees.

The layoffs will impact 13% of Macy’s corporate staff and 3.5% of the company’s total workforce.

“As we prepare to deploy a new strategy to meet the needs of an ever-changing consumer and marketplace, we made the difficult decision to reduce our workforce by 3.5% to become a more streamlined company,” a Macy’s spokesperson said.

Exact closing dates have yet to be announced for the stores. The stores will hold clearance sales for the coming weeks before they are shuttered.

Stores that are closing are located in:

• Arlington, Va.
• San Leandro, Calif.
• Lihue, Hawaii
• Simi Valley, Calif.
• Tallahassee, Fla.

The brand announced plans to expand its smaller-format stores in 2023.

“Our small-format strategy is one way we intend to harness the full power of the Macy’s brand to deliver sustainable, profitable sales growth for Macy’s Inc. beginning in 2024,” Adrian Mitchell, chief operating officer and chief financial officer for Macy’s, Inc., said.

Macy’s currently operates 25 New Jersey locations and just over 500 locations nationwide.

The company also owns Bloomingdale’s and Bluemercury.