I guess it might have a lot to do with the decline of retail. But they're still big into Bloomingdale's, where I suppose they have a different customer base.
But for me, the location that's been reported closing is the Union Square location in San Francisco. That was always a massive location taking up 3/4 of a city block, then taking over a former department store across the street. I actually got my first computer there since they sold computers at some of their bigger stores. It was Macy's first location on the west coast. They've certainly closed several stores previously, but I remember when they still had downtown locations in smaller cities.
As part of the strategy, Macy’s aims to upgrade its remaining 350 stores, with plans to add more salespeople to fitting areas and shoe departments.
apnews.com
