Macy's said on Thursday that it plans to close 150 stores in 22 states throughout the country for underperformance as the company's next step in finding its way to profitability again.

All 66 locations will begin clearance sales this month that will run for approximately eight to 12 weeks, according to Macy’s FAQ page. The post Macy’s store in Mass. among dozens closing across the U.

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,