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Home / Business and Economy / H&M Shutters NYC Stores by 2026

H&M Shutters NYC Stores by 2026

26 Nov

•

Summary

  • H&M plans to close two New York City stores by January 2026.
  • This closure is part of a larger plan to shut down 200 global stores in 2025.
  • Approximately 62 employees will be affected by these New York City closures.

Clothing retailer H&M will be closing two of its New York City locations by January 19, 2026. This decision is part of a significant global initiative where the company plans to shut down around 200 stores during 2025, primarily in established markets. The closures are framed as a component of H&M's long-term growth strategy.

In New York City, the two stores slated for closure are located at 18 Church Street and 150 East 86th Street. These specific closures will result in the layoff of 62 employees. H&M has indicated that these actions are necessary to ensure the company's sustained growth and optimize its physical retail footprint.

H&M is committed to supporting its employees through this transition. The company plans to work with affected staff to help them secure positions in neighboring stores. This move reflects a broader trend of retail consolidation and strategic realignment following the pandemic.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
The H&M stores at 18 Church Street and 150 East 86th Street in New York City are scheduled to close by January 19, 2026.
H&M plans to close just over 200 stores globally during 2025 as part of its strategic growth plan.
H&M states the closures are part of a long-term strategy to ensure sustainable growth by having the right stores in the right locations.

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