Macy's reported a decline in profits and sales for its third quarter with many customers of the department store chain ...

The move accelerates the 'Bold New Chapter' strategy announced in February, which will see 150 locations shuttered over three ...

The problem, they say, is Macy’s is sitting on real estate that is more valuable than the company itself – an untenable ...

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 problem, they say, is Macy's is sitting on real estate that is more valuable than the company itself – an untenable ...

Macy’s is set to close 65 stores by the end of January 2025, more than were previously planned.

The investors claim that Macy’s real estate, including its flagship store at Herald Square in New York City, is worth up to $9 billion on the open market, nearly double Macy’s closing market ...

A holiday market in the heart of Manhattan went up in flames, leaving vendors to pick up their burnt merchandise and clean up ...

United American Land, Crown Acquisitions and the Jackson Group teamed up last week to buy the Macy's in Downtown Brooklyn for ...

Macy's said it will close 65 stores this year, an increase from the 50 locations it previously announced it would shutter by ...