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 ...

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 has completed its investigation into accounting problems and found that a single employee’s mistake and coverup created $151 million in false bookkeeping entries.

Macy's, Inc. engages in the retail of apparel, accessories, cosmetics, home furnishings, and other consumer goods. Its brands include Macy's, Bloomingdale's, and Bluemercury. It offers men's ...

The solution: Break it all apart. “Macy’s owns valuable real estate holdings,” Barington said in a presentation posted online. “The market is implying that Macy’s retail operations are ...

As part of an effort to get items to customers quicker, Macy’s has opened up mini distribution centers inside 35 retail stores to handle online orders. (Photo: Shutterstock) In late 2024 ...

Macy's, which launched a comprehensive strategy to revive its struggling business, on Wednesday announced that it is accelerating its planned store closures for the year. CEO Tony Spring told ...

Macy’s said an investigation into accounting problems found that a rogue employee hid more than $151 million in expenses to cover up a bookkeeping mistake and wasn’t motivated by personal or ...

Macy’s stock fell more than 11% in premarket trading after the company reduced its profit forecast.The company significantly lowered its earnings forecast to between $2.25 to $2.50 a share, down ...

By Jordyn Holman With just two weeks until Christmas, Macy’s has been operating under a cloud. It lifted, in part, when the retailer on Wednesday gave more details about how an employee had ...