5 Luxury Goods That Are Cheaper at Macy’s

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As legendary department store Macy’s enters its 167th year in business, the retailer has struggled with internal accounting discrepancies, declining sales, and attempts to reinvent the brand. RetailDive.com reported that activist shareholders want Macy’s to pull back on capital investments and close its Bloomingdale’s stores while adopting a business model closer to Dillard’s.
During its earnings call in late 2024, Macy’s announced it would be closing 65 locations within the fiscal year and, by February 2026, roughly 150 locations will shutter, according to USA Today. The retailer will focus on elevating the customer experience in its remaining stores. Meanwhile, you can also find deals at Macy’s online, as the retailer offers different product selections online and in stores.
Here are some of the luxury goods you can find cheaper at Macy’s than at competing stores.
Women’s Winter Coats
Macy’s has a massive clearance sale on winter coats, with markdowns from 30% to 70% off. This Michael Kors faux-fur-trim hooded puffer coat, for instance, is on sale for $89, marked down from $265. It’s available in a choice of dark camel, black, chambray (light blue), dark brandy, white, and rosewater.
Other discounted luxury brands in women’s coats include Tommy Hilfiger, Calvin Klein, and Lauren Ralph Lauren.
Handbags
As part of its revitalization, Macy’s has increased staff in the handbag and shoe departments of 100 of its remaining stores, according to Retail Dive. You can find deals on accessible luxury brands like Coach, Michael Kors, and Teddy Blake at Macys.com. For instance, this black Teddy Blake Lola Croco bag is reduced from $620 to $527.
Ladies Boots
Need a new pair of booties to spruce up your winter wardrobe? Check Macy’s clearance sales. These Calvin Klein women’s Jasen Block Heel Almond Toe Dress Booties, in a choice of black, dark red, light or dark natural or black suede are on sale for $44.62, down from $119. The almond toe and chunky heel provide plenty of comfort and support; these are sure to become a seasonal favorite at a bargain price.
Cosmetics
Macy’s doesn’t always have the lowest prices for cosmetics, but the retailer frequently offers free gifts with the purchase of popular luxury brands. If the free gift is something you’ll use, you can stretch your cosmetics budget by purchasing items like foundation, lip gloss and lipstick, or skincare from brands like Estee Lauder, Lancome, and Clinique at Macy’s.
For instance, when you splurge on this Estee Lauder Double Wear Stay-in-Place Foundation for $52, you can choose two free gifts. Or, grab this Estee Lauder 5-piece Magical Illusions Lipstick Set, a $200 value for just $35, regularly $50. If you spend $50 on Estee Lauder products or $55 on Clinique products, you can choose free gifts.
Men’s Jeans
Macy’s also has sales for the men. If you’re shopping for high-quality jeans, you’ll find top brands at Macy’s with discount prices. These Polo Ralph Lauren men’s jeans are reduced to $85.99 from $115.
If you’re looking to save even more, consider browsing Macy’s Backstage department in stores. Macy’s Backstage offers seriously discounted style selections for men, women, and children.