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 ...
Macy’s is, as of this week, once again facing a challenge from activist shareholders. Among other demands, those firms say they would like the department store to pull back on its capital ...
Macy’s is facing calls from a pair of activist investors to make a slew of changes at the department store chain. The activist investors, Barington Capital Group and Thor Equities, took issue ...
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 ...
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 ...
Some were there to shop, but others ... Lisicky, who's authored 10 books about department stores, believes that "as long as there's Macy's, there will probably always be the (Thanksgiving Day ...