Macy’s CEO Tony Spring, after taking over in February, announced a plan to close 150 stores, while upgrading another 350. At the first 50 stores that Macy’s has upgraded, same store sales rose ...

Macy's announced it would close 150 of its "underproductive" stores by 2026 while prioritizing 350 "go-forward" locations.

Macy’s is tightening financial accounting measures after completing a probe of a rogue employee who hid $151 million in delivery expenses over a span of nearly three years ...

After seeing a drop in in-store sales last quarter, Macy’s might make that up by selling off its real estate. The department store announced it expects to see $275 million in sales of its retail ...

Macy's reported adjusted earnings per share of $0.04, which beat Wall Street's expectation of $0.03. Net sales declined 2.4% from a year ago to $4.74 billion, versus $4.75 billion expected.

NEW YORK (AP) — Macy’s profit and sales declined in the third quarter as the department store chain wrestled with cautious spending by customers, rising competition and sluggish demand for ...

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 ...

Department store chain Macy’s (NYSE:M) reported Q3 CY2024 results topping the market’s revenue expectations , but sales fell by 2.7% year on year to $4.90 billion. The company’s full-year ...

Comparable sales (comps) fell on an owned-plus-licensed-plus-marketplace. Macy's strategic initiatives for fiscal 2024 focus on executing its "Bold New Chapter" strategy, which includes ...