Macy’s is closing several dozen stores as part of a previously announced turnaround plan to save the beleaguered retailer.
Macy’s shares could remain in focus on Tuesday after the struggling department store said holiday quarter sales may be ...
The layoffs come after Macy’s Inc. on Jan. 9 announced plans to close five department stores in Michigan as part of 66 stores ...
Kohl's says it plans to close 27 of its more than 1,150 locations by April. The 66 locations Macy's announced are among the ...
Shares of department store Macy’s Inc. ($M) dropped 8% on Monday after the company lowered its sales outlook for its fourth-quarter, dampening retail sentiment. It ...
(NYSE:M) shares are trading lower in premarket on Monday after the Department store chain ... to-date comparable sales growth in its go-forward business, including Macy’s First 50 locations ...
(Bloomberg) -- Macy’s ... sales in the current quarter, a sign that executives might have been too optimistic about their expectations for a solid holiday shopping season. America’s largest ...
The closures are part of Macy's "Bold New Chapter" strategy, which was announced in February 2024. The reorganization, the company revealed at the time, involved closing 150 stores nationwide within ...
As legendary department store Macy's enters its 167th year in business, the retailer has struggled with internal accounting ...