Macy’s
Macy’s is the latest department store chain to announce a slew of store closures in the coming years. In January, the company announced that it would permanently close 45 stores in 2021. According to CNBC, the cuts are part of a larger plan by Macy’s to shutter 125 stores by 2023, restricting its presence to high-end shopping malls.
Macy’s
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Bed Bath & Beyond
Bed Bath & Beyond expects to shut down about 200 stores in 2021, following the closing of 200 stores last year. According to USA Today, by the end of February, another 43 stores will be permanently closed. The closures will take place in 19 states, with nine of them being in California.
Bed Bath & Beyond