The chain now intends to close 65 stores by the end of January 2025. In a Q3 earning call Thursday, Macy's CEO Tony Spring announced the company would close 15 more locations than its previous ...
Macy's has announced it will increase the number of planned store closures after the holidays. Macy's spokesperson said they ...
Macy’s CEO Tony Spring shed more light on why his team will be closing down more stores than their initial estimate in a statement on Thursday. Spring explained that the decision was taken as ...
Macy's is accelerating its plan to close underperforming stores by the end of the year. The company plans to shutter 65 stores after the holidays.
Macy’s is set to close 65 stores by the end of January 2025, more than were previously planned. Fast Company reports Macy’s CEO Tony Spring announced Thursday that the company originally ...
In a statement, CEO Tony Spring said the retailer is "strengthening our existing controls and implementing additional changes designed to prevent this from happening again and demonstrate our ...
A spokesperson for Macy’s did not immediately respond to a request for comment. The move comes as part of CEO Tony Spring’s plan announced in February to shrink the department store’s retail footprint ...
On the company’s third quarter earnings conference call, chairman and chief executive officer of Macy’s, Inc. Tony Spring told analysts that the retailer has been testing this initiative at ...
However, consumers are responding positively to Macy’s investments in staffing, merchandising, visual presentation and eventing to improve customer experience, CEO Tony Spring said. The investme ...
CEO Tony Spring told analysts during an earnings call that Macy’s now expects to close about 65 locations this year, up from its previous forecast of 50 announced at the start of the year.