Macy's to close up to 65 stores

Macy's to close 15 more stores than planned, total of 65 to shutter by end of January 2025
The chain now intends to close 65 stores by the end of January 2025. In a Q3 earning call Thursday, Macy's CEO Tony Spring announced the company would close 15 more locations than its previous estimate. Chief Financial Officer Adrian Mitchell said the ...
Macy's adds to list of store closures, says it will close 65 this year
The department store chain made the update public in its third quarter earnings call Wednesday. "We now expect to close roughly 65 locations this year," Macy's CEO Tony Spring said on the call. "In line with our typical cadence,
Macy's to close up to 65 stores after the holidays. What they're saying about Michigan
Macy's plans to close more stores than previously announced earlier this year, which could mean Michigan shoppers will be affected. According to the company's third quarter earnings report, the department store chain plans to close approximately 15 more locations after the holiday season,
Macy's accelerates store closures, will shutter 65 stores this year
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 to close up to 65 stores after the holidays. How many could be affected in Tennessee?
Macy's will be closing more stores than previously announced earlier this year. According to the company's third quarter earnings report, the department store chain plans to close approximately 15 more locations after the holiday season,
Macy’s closing 65 stores by end of January, more than previously planned
Macy’s is set to close 65 stores by the end of January 2025, more than were previously planned. Fast Company reports Macy’s CEO Tony Spring announced Thursday that the company originally planned to close about 50 to 55 stores over the same time period,
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 ...
Hosted on MSN1d
Macy's to close more stores this year than initially thought CEO says following worrying sales decline
Macy's now expects to close about 65 locations this year, up from its previous forecast of 50 announced at the start of the ...
Major department store to close 65 stores by January 2025, up from 50
The retail giant has not revealed which stores will close but notes the closures will happen post-holiday season.
Macy's employee who hid $151 million in delivery expenses was trying to mask initial mistake, sources say
Macy's on Wednesday said it has wrapped up an investigation into an employee who intentionally hid about $151 million of ...
Jim Cramer Says Macy’s Inc. (M) CEO Tony Spring ‘Knows That His Chain Makes An Incredible Amount Of Money In The Next 30 Days’
Stocks in Focus. In this article, we are going to take a look at where Macy’s, Inc. (NYSE:M) stands against the other stocks ...
Macy's: What Next, After An Incomplete Q3 Report?
Macy's latest challenge linked to internal accounting irregularities is not overbearing, but does not reflect well. Read my ...
Activist investor group pushes Macy's to consider options for Bloomingdale's
The group said Macy's board lacks the "knowledge, vision and desire" to extract the maximum value of its real estate assets, ...
Macy's Cuts Adjusted Profit Forecast, Shares Fall 7%
(Reuters) - Macy's on Wednesday cut its annual profit forecast, as it struggles with increased promotions during the holiday ...
KTTV20d
Macy's delays Q3 earnings after employee conceals $154M in expenses
Macy's announced a delay in releasing its full quarterly results after discovering that an employee intentionally hid $132 ...
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
Macy's is claiming a lack of serious impact after an independent investigation determined that an employee had hid $151 ...