Macy’s
The latest department store chain to announce a spate of location closures in the coming years is Macy’s. The company stated in January that it plans to close 45 shops by 2021 permanently. According to CNBC, the cutbacks are part of Macy’s larger plan to shut 125 shops by 2023, restricting its presence to top-tier malls.
Bed Bath & Beyond
Bed Bath & Beyond intends to shut another 200 in 2021 after announcing 200 shops last year. According to USA Today, 43 more shops would shut indefinitely by the end of February. The closures would take place in 19 jurisdictions, nine of which are in California.