In all, 64 Macy's stores in several states, including Florida, New York, California, and Pennsylvania, are set to close, according to a listing of online closures. Most stores are expected to close in ...
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 ...
Like many department stores, Macy's has been suffering from dwindling sales amid the stratospheric rise of online rivals and the demise of America's suburban malls. The company appointed a new ...
The department store chain Macy’s will be shutting ... as well as the rise of online competitors. Macy’s CFO and COO Adrian Mitchell declared the net sales for the third quarter to be $4.7 ...
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 ...