Macy’s Store Closings: Which Stores Are Closing In 2020?

As Macy’s (M) continues to work to turnaround its retail business, the company has announced that it would be closing 100 stores. These closings seem to be coming to fruition as local reports have indicated that the retailer is closing at least 15 locations in early 2020.

Macy’s first announced its store closure plan in 2016, but there was no indication if these latest closures are a part of its strategy from that time. The company, however, is closing locations as their leases expire with four stores shuttered in 2019, Business Insider reported.

Macy’s has seen its sales slip over the years, reporting declining sales for the last six years. The company will release its next earnings report on Feb. 6.

The stores that Macy’s is expected to close in early 2020 include: