Philadelphia’s iconic Center City Macy’s store will close this year, the company announced on Thursday. The store — located on 1300 Market Street — is one of 66 Macy’s stores that will close in 2025, a spokesperson from Macy’s Inc. confirmed. “These closures are a part of the Bold New Chapter strategy, which was announced in February 2024,” the spokesperson confirmed. “This plan is designed to return the company to sustainable, profitable sales growth which includes closing approximately 150 underproductive stores over a three-year period while investing in its 350 go-forward Macy’s locations through fiscal 2026.” The planned closures also include the Macy’s at the Exton Square Mall in Exton, Pennsylvania, and the Macy’s at the Logan Valley Mall in Altoona, Pennsylvania, and the Macy’s at the Wyoming Valley Mall in Wilkes-Barre Township, Pennsylvania. You can view the full list of planned closures here and in the document embedded below. Sign up for our Breaking newsletter to get the most urgent news stories in your inbox. “To the employees impacted by this decision, we are here to support you. The city’s workforce system led by Pat Clancy, also here today, is prepared to assist you with job placement,” Philadelphia’s Director of Commerce Alba Martinez said. In 2006 the Macy’s opened in the former Philadelphia Wanamaker’s Department Store which was one of the first department stores in the United States and a National Historic Landmark. The Center City Macy’s is known for its Christmas lights show during the holidays. This story uses functionality that may not work in our app. Click here to open the story in your web browser.