Macy’s is closing several dozen stores as part of a previously announced turnaround plan to save the beleaguered retailer.

The moves are a “part of the Bold New Chapter strategy, which was announced in February 2024,” the company said.

Macy's released the locations of 66 stores slated to be closed. Seven are located in Florida. They are: Boca Raton Furniture, at 9339 Glades Road in Boca Raton, was included in an earlier closure announcement by Macy's. The company said clearance sales at Macy's stores will begin in January and will run for approximately 8 to12 weeks.

Macy's released a list of 66 of the "underproductive" stores it is closing. The retailer plans to close about 150 in its revitalization plan.

Macy's announces closure of 66 stores as part of strategy to focus resources on profitable locations. Read more.

Roughly 150 Macy's stores will close over the next three years, with these first 66 closures affecting dozens of states in 2025.

Macy’s is closing its Maplewood Mall and Burnsville Center locations as the legacy department store works to reverse the decline in its business. The retailer, which has seen falling sales at a time when consumers are spending less on discretionary purchases like apparel,

Macy's announced a plan in December to cut 150 underperforming stores by 2026 and on Thursday released a list of the first 66 stores on the chopping block

The closures announced this week included 66 stores across the U.S., including six in Texas. Five of those stores are in North Texas.

Macy’s announced Thursday the long-rumored closures of its locations in Citrus Heights and downtown Sacramento. The latter has been part of the city’s core for more than six decades.

The department store has reportedly been struggling with declining sales, which has been affecting the wider sector for years.