Macy’s is closing 65 stores in fiscal year 2024 alone, according to the company’s latest quarterly earnings report. The closures are part of the department store chain’s plan to shutter 150 stores by ...

"If the product is not exciting, they're [customers] not going to go to the store or even go on a Macy's website ... another major department store, for its strong performance, highlighting ...

US department store chain Macy's has announced an uptick in its closure strategy, revealing plans to cease operations at 65 ...

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.

The problem, they say, is Macy’s is sitting on real estate that is more valuable than the company itself — an untenable situation that masks the true value of the company. Macy’s struggles are making ...

The store closures are driven by cautious consumer spending due to inflation, higher interest rates and crushing levels of ...

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 ...

A changing retail landscape means closures and consolidations. But families still treasure traditions such as light shows, ...