Macy's is accelerating its plan to close underperforming stores by the end of the year. The company plans to shutter 65 ...
Macy's said it will close 65 stores this year, an increase from the 50 locations it previously announced it would shutter by ...
Macy's said its accelerating the number of stores it plans to close this year as it works to turn around the struggling ...
Macy's revealed the news during a Q3 earnings call, which had been delayed after an employee was accused of hiding $151 ...
Department store Macy's CEO has announced the closure of 65 locations following the holidays. The locations have not been ...
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 increased closures are part of Macy's strategy to accelerate the closure of "non-go-forward stores," which are ...
According to Macy's, the additional store closures are in line with the retailer's plan for "accelerating luxury growth." ...
Macy’s is expanding its number of store closures nationwide from 55 locations to 65 locations by the end of Fiscal Year 2024.
"Rounding out the discussion on Macy's, we're encouraged by the pace and economics of our non-go-forward store deals. We now ...
The retailer also said that for nearly three years an employee hid about $151 million in delivery expenses but that the fraud ...
In 1932, Macy's Tom Cat balloon got stuck in the propeller of a plane when the aviator flying the plane tried recovering the ...