Macy’s
Macy’s is the newest department store company to report a slew of upcoming store closures over the next few years. The business announced in January that it intends to shut 45 stores in 2021 permanently. According to CNBC, the cuts are part of Macy’s broader effort to close 125 stores by 2023, limiting its footprint to top-tier malls.
Macy’s
ADVERTISEMENT
Bed Bath & Beyond
Bed Bath & Beyond, which announced the closure of 200 stores last year, plans to close another 200 stores in 2021. According to USA Today, another 43 stores will be indefinitely closed by the end of February. The closures would occur in 19 jurisdictions, with California accounting for nine of them.
Bed Bath & Beyond
