Macy's adds to list of store closures, says it will close 65 this year
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.
Walmart ranked #10 is the USA Today readers poll and Belk, with no stores in New York, ranked #2 overall. With that in mind, ...
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Luxury French Department Store Set To Open First US Location in NYA touch of Parisian luxury will soon be arriving in America. Printemps, the iconic French department store, is prepares to ...
But not even that long ago, New York was a department-store town. Holiday shopping meant a trip uptown to Bloomingdale’s, Saks Fifth Avenue, or Bergdorf Goodman, where baskets on the seventh ...
In my view, this is a story about a retailer who knows nothing about their most valuable asset,” a source told The Post.
Macy’s reported a decline in profits and sales for its third quarter with many customers of the department store chain ...
The problem, they say, is Macy’s is sitting on real estate that is more valuable than the company itself – an untenable ...
Barington Capital Group is calling on Macy’s to cut its capital expenditures, form a separate real estate group and consider ...
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