Gyms, theaters, discount retailers and grocery stores were ... In October, the firm announced plans to open 10 new warehouse stores in this year’s fourth quarter, according to a press release.
We believe Macy’s is struggling to ... weakness in the department store channel is the loss of shoppers to a multitude of competitors. Many categories, such as furniture, hardware, and consumer ...
Macy’s has announced it intends to close about 65 of its stores after the end of the holiday season. This number is 15 more than the company had originally planned for this period. In an ...
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 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 ...