Store Closings 2024 Report. Macy's will set off a wave of change at malls, as it closes about 150 namesake stores across the country by early 2027. By emily kenny, report for america corps member central ny.
Closures, however, have increased by 31.4 percent year on year. The retail trade industry in the united states is no stranger to companies going bankrupt and store branches closing permanently, resulting in mass reductions in retail employment.