Macy's to close 150 stores by 2026. Fate of Georgia locations unclear
As brick-and-mortar retail businesses continue to evolve or diminish due to the rise of online shopping, big changes are coming to one of America's most popular chains.
Macy's announced on Feb. 27 that 150 stores will be closed over the next few years, including 50 by the end of this fiscal year as part of "A Bold New Chapter."
The company's media team did not have a list to share of which specific locations will be closed as of Tuesday. According to the "Bold New Chapter" presentation, these will be underperforming locations which represented 25% of Macy's gross square footage in Fiscal Year 2023 but less than 10% of sales.
Restaurants honored: These 3 Coastal Georgia restaurants made Yelp's Top 100 Seafood Spots 2024 list
At the same time, the plan indicates Macy's intention to invest more in its luxury brands including Bloomingdale's and Bluemercury Luxury Beauty which will mean a 20% growth in luxury locations as well as up to 30 new small format businesses.
Georgia is home to 22 Macy's locations statewide, one Bloomingdale's in Atlanta, four Bluemercury locations between the Atlanta and Savannah areas.
Macy's locations in Georgia
Macy's North Point Mall 5000 N Point Cir., Alpharetta
Macy's North Point Furniture and Mattress Gallery 7231 North Point Parkway, Alpharetta
Macy's Cumberland Mall 2860 Cumberland Mall SE Suite 1300, Atlanta
Macy's Lenox Square Mall 3393 Peachtree Rd NE Suite 8480, Atlanta
Macy's Perimeter Furniture Showroom and Mattress Gallery 4300 Ashford Dunwoody Road, Atlanta
Macy's Northlake Mall 4880 Briarcliff Road NE, Atlanta
Macy's Augusta Mall 3450 Wrightsboro Road Suite D300, Augusta
Macy's Mall of Georgia 3333 Buford Drive Suite 1006b, Buford
Macy's Peachtree Mall 3091 Manchester Expressway, Columbus
Macy's Arbor Place 6690 Douglas Blvd., Douglasville
Macy's Gwinnett Place Mall 2100 Pleasant Hill Road Suite 2318, Duluth
Macy's Gwinnett Furniture and Mattress Gallery 3360 Ventura Parkway, Duluth
Macy's Perimeter Mall 4300 Ashford Dunwoody Road NE, Dunwoody
Macy's Town Center Furniture Clearance Center 400 Ernest G Barrett Parkway, Kennesaw
Macy's Town Center Furniture and Mattress Gallery 400 Ernest W Barrett Parkway, Kennesaw
Macy's Town Center Mall 400 Ernest W Barrett Pkwy NW Suite 400, Kennesaw
Macy's Stonecrest Mall 8030 Mall Parkway, Lithonia
Market by Macy's By Macy's SouthPoint 209 South Point Blvd., McDonough
Macy's Southlake Mall 1500 Southlake Mall, Morrow
Macy's Oglethorpe Mall 7804 Abercorn Street Suite 300, Savannah
Market by Macy's By Macy's Presidential Markets 1905 Scenic Highway South Suite 9000, Snellville
Market by Macy's By Macys Johns Creek Town Center 3630 Peachtree Pkwy Suite 100, Suwanee
This article originally appeared on Augusta Chronicle: Macy's, with 22 stores in Georgia, closing 150 retail stores nationwide