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 ...
In my view, this is a story about a retailer who knows nothing about their most valuable asset,” a source told The Post.
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 ...
Macy's is prominently known for holding its annual Thanksgiving Day Parade in New York City, but the department store could've solidified itself in Christmas history as well. In the beloved 2003 ...
Two business entities have teamed-up to mount a new effort to takeover the struggling Macy's department store chain, ...
United American Land, Crown Acquisitions and the Jackson Group teamed up last week to buy the Macy's in Downtown Brooklyn for ...