Despite the store closures, Macy’s remains a major player in the retail world. As of December 11, 2024, the company reported on its website $4.7 billion in net sales for the year, reflecting a 2.4% ...
The chain, which is 95 years old, is ramping up store closures this year as it struggles to revive its faltering business.
Macy's (M) on Wednesday posted its official third-quarter results, after it concluded an internal investigation into an employee hiding up to $151 million of expenses that led to a delay in reporting.