Money Macy’s says timeline of permanent store closings could be adjusted as competitors struggle amid COVID-19 September 2, 2020Kelly Tyko, USA TODAYComments Off on Macy’s says timeline of permanent store closings could be adjusted as competitors struggle amid COVID-19 Macy's still plans to close 125 stores over the next couple years and also will open smaller, freestanding Backstage stores, officials said.