Macy’s ramps up store closures with 65 outlets to go in 2025
US department store chain Macy's has announced an uptick in its closure strategy, revealing plans to cease operations at 65 locations within a year of the December 2024 announcement - an increase on the previously disclosed figures of between 50 and 55 stores.
Macy's to close 15 more stores than planned, total of 65 to shutter by end of January 2025
Macy's revealed the news during a Q3 earnings call, which had been delayed after an employee was accused of hiding $151 million.
Macy’s Stores Closing Update: 65 Stores to Close Soon
In a surprising turn of events, the popular retail brand Macy’s has announced that it will be closing 65 stores in the coming weeks. The 1858-founded store chain is particularly known for harboring a wide collection of fashion,
Macy's 2024 closure plans rise to 65 stores. Which Wisconsin locations could be affected?
Macy's announced it would close 150 of its "underproductive" stores by 2026 while prioritizing 350 "go-forward" locations.
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.
Macy's to close 65 stores. Here's how Arizona locations could be affected
Macy's has announced that it will be closing 15 more stores than originally planned. Will any Arizona stores close? Here's what shoppers need to know.
Macy's to close 65 department stores
Macy's is looking to close 65 locations across the country but won't say whether that will include any Calumet Region locations. The department store chain operates stores in the Southlake Mall in Hobart,
Macy's to close up to 65 stores after the holidays. What they're saying about Michigan
The increased closures are part of Macy's strategy to accelerate the closure of "non-go-forward stores," which are underperforming locations. The company remains committed to closing a total of 150 underperforming locations by the end of the 2026.
Macy’s gives grim update about its future
Macy’s (M) practically owns the holiday season. The department store that is famous for its luxury goods is also the source of nostalgia for many consumers who enjoy watching its traditional Thanksgiving Day and Christmas Day parades.
Macy's to close up to 65 stores after the holidays. Will that include any in Delaware?
The increased closures are part of Macy's strategy to accelerate the closure of "non-go-forward stores," which are underperforming locations. The company remains committed to clos
Macy’s To Close 65 Stores After Christmas
Macy’s announced Wednesday it will close 65 more stores after the Christmas holiday. The major retailer’s move to shutter dozens of locations comes as part of a plan to get rid of 150 underperforming stores in the next three years,
The Macy’s accounting disaster: CIOs, this could happen to you.
When Macy’s on Wednesday reported more details about the “hiding” of $151 million, it became clear their accounting controls ...
Activist Investors Call On Macy’s To Spin Off Bloomingdale’s And Bluemercury. Maybe It’s Time.
Activist investors called on Macy's Inc. to make sweeping changes, including exploring strategic alternatives for ...
Macy’s rogue employee hid $151M in expenses to cover up mistake, wasn’t motivated by personal gain
According to the Wall Street Journal, the employee told investigators about having mistakenly understated the amount of small ...