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 announced it would close 150 of its "underproductive" stores by 2026 while prioritizing 350 "go-forward" locations.
US department store chain Macy's has announced an uptick in its closure strategy, revealing plans to cease operations at 65 ...
Macy’s is closing 65 stores in fiscal year 2024 alone, according to the company’s latest quarterly earnings report. The ...
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 ...
The push for a review comes as the activists investors see strong sales at higher-end Bloomingdale's and Bluemercury chains compared with Macy's eponymous outlets. They also saw "promise" in the ...
Barington Capital is urging Macy’s to create a real-estate unit and consider options for its Bloomingdale’s and Bluemercury chains after building an undisclosed stake, the activist investor ...
Macy’s is tightening financial accounting measures after completing a probe of a rogue employee who hid $151 million in delivery expenses over a span of nearly three years ...
2024 seemed to take shape as a period of transition for many of the industry’s biggest players as they looked to swiftly, yet ...
Macy's has announced it will increase the number of planned store closures after the holidays. Macy's spokesperson said they ...
Members of the Nordstrom family are taking its namesake department store chain private with Mexican retailer El Puerto de ...