Some sections are bare, and employees are confirming what has been rumored for months: Macy's at Salem Center is closing.
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.
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.
A changing retail landscape means closures and consolidations. But families still treasure traditions such as light shows, ...
Sections of the Macy's at Salem Center are beginning to look bare, including this one in the upper level of the store.
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 ...
Here’s everything you need to know regarding the upcoming closing of Macy’s stores. The department store chain Macy’s will be shutting down as many as 65 locations by the end of January 2025.
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 ...
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 ...
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 ...
Macy's is closing more stores than it originally announced earlier this year. According to the company's third quarter earnings report, the department store chain is expected to close 65 locations ...