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Macy's is set to close five New York City locations, including its department store in Downtown Brooklyn.

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Macy's Inc. is closing 66 stores in the US in Q1 2025 as part of a strategic shift to invest in potential growth.

The department store has reportedly been struggling with declining sales, which has been affecting the wider sector for years.

The department store chain has been investing in some stores while shuttering others as part of its “bold new chapter.” ...

The closures are part of Macy's "Bold New Chapter" strategy, which was announced in February 2024. The reorganization, the ...