Macy's said it will close 65 stores this year, an increase from the 50 locations it previously announced it would shutter by the end of the fiscal year. The closures are part of its plan to eliminate roughly 150 underperforming stores over the next three years.

According to Macy's, the additional store closures are in line with the retailer's plan for "accelerating luxury growth."

Macy's plans to close more stores than previously announced earlier this year, which could mean Michigan shoppers will be affected. According to the company's third quarter earnings report, the department store chain plans to close approximately 15 more locations after the holiday season,

The retail giant has not revealed which stores will close but notes the closures will happen post-holiday season.

Macy's revealed the news during a Q3 earnings call, which had been delayed after an employee was accused of hiding $151 million.

Macy's will be closing more stores than previously announced earlier this year. According to the company's third quarter earnings report, the department store chain plans to close approximately 15 more locations after the holiday season,

Macy's is fast tracking more store closures than planned in the coming weeks, soon after the holidays. Here's what to know about New Jersey locations.