How Many Macy'S Stores Will Close In 2024. Macy’s stores typically range between 200,000 and 225,000 square feet. Macy’s plans to close 150 department stores and prioritize its luxury brands as it seeks to reinvent itself amid flagging sales.

By 2026, it will have just 350 macy’s stores, the company announced. As macy’s reduces its retail footprint, bloomingdale’s is expected to open 15 locations.