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

The closure is the latest drama on a stretch of East Market Street that’s been the focus of a recent and fierce civic debate over the approval of a proposed arena for the Sixers.

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.

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

Macy’s has revealed the list of 66 stores that are set to close this year. However, there are several more coming by 2026. The closures come as part of the retail chain’s Bold New Chapter strategy, which was previously announced in February 2024.

The future of the beloved Philly traditions is uncertain now that the company is closing its Center City store.

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 Inc. unveils a list of more than 60 stores slated to close this year as the retailer struggles to right itself amid diminishing foot traffic at remaining stores and breathe new life into its business.

What's next for the Wanamaker Building? While numerous city officials acknowledged it was a sad day for Philadelphia to lose the Macy's at the Wanamaker Building, they expressed o