Macy’s needs to reignite its creativity by featuring more exciting products in stores and hosting engaging events to attract younger generations back, according to activist investor Barington ...
Macy’s has operated a department store in downtown Brooklyn ... buying directly from some of the brands the stores carry or increasingly shop online. Padding its coffers especially at this ...
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.
US department store chain Macy's has announced an uptick in its closure strategy, revealing plans to cease operations at 65 locations within a year of the December 2024 announcement - an increase ...
Holiday deals: Shop this season’s top ... 2, according to the department store chain's press release. Throughout the alleged conduct, Macy's recorded about $4.36 billion in delivery expenses ...
Department store Macy's CEO has announced the closure of 65 locations following the holidays. "We're encouraged by the pace and economics of our non-go-forward store deals. We now expect to ...
Those are just two of several changes the activist investor says are necessary to turn around Macy’s, which once established itself as a premier department store but has struggled to keep up ...
Sales at the iconic department store ... shop there through the holidays and close in early 2025. On this morning's quarterly earnings, retail expert Neil Saunders - from GlobalData - said ...
Bosses said they will remain open through the holidays to let regular customers shop but then shutter ... Like many department stores, Macy's has been suffering from dwindling sales amid the ...
Macy's plans to close more stores than previously announced earlier this year, which could mean Delaware shoppers will be affected. According to the company's third quarter earnings report, the ...