Macy’s to Shutter 150 Stores Including Flagship San Francisco Union Square Location

The entrance to Macy’s flagship store and corporate headquarters on Herald Square in New York CIty
Macy’s Union Square in San Francisco, one of the department store chain’s largest and oldest locations, has long been flagship for Macy’s West Coast operations and is extremely popular with visitors to the city.
The store’s San Francisco roots trace back to 1846 and the founding of the O’Connor, Moffat, Kean Co. department store, which was acquired by Macy’s in 1945.
Now this west coast bastion of business seems headed for closure, although Macy’s said that no decision has been made as to which locations are on the chopping block.
The Union Store’s closure was first announced by San Francisco media.
When asked to confirm the closure, a Macy’s spokesman provided the following statement to Frequent Business Traveler and The Travelist: “Our new strategy is designed to create a more modern Macy’s Inc. and enhance the customer experience. We intend to close approximately 150 Macy’s stores while further investing in our 350 go-forward fleet over the next three years. A final decision on specific locations has yet to be made.”
Earlier in the week, Macy’s announced plans to close 150 underperforming stores starting in 2025.  The move will leave the retail brand with 350 department stores. The mass closing plan was disclosed Tuesday.
Federated Department Stores, which acquired the May Department Stores Company, which had been founded in 1877, in August 2005, doubling its size.
Upon its establishment in 1929, Federated held ownership of the regional department store chains Abraham & Straus, Lazarus, Filene’s, and Shillito’s, with Bloomingdales joining the following year. Throughout its early history, Federated typically maintained most of the nameplates of the chains and stores it acquired. After it acquired Macy’s in 2005, that policy changed and stores either became Macy’s or Bloomingdale’s for the most part.
Macy’s is headquartered within its flagship Herald Square store in Manhattan since 2020. It was headquartered in Cincinnati prior to that.
(Photo: Accura Media Group)