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Macy's plans to close 150 department stores by 2026 as part of its "Bold New Chapter" strategy. The closures aim to improve profitability amid shifting consumer trends. Listen to Story Store closures ...
Macy's said it will close 65 stores this year, an increase from the 50 locations it previously announced it would shutter by the end of the fiscal year. The closures are part of its plan to ...
Macy's Inc. originally said it expects to close around 50 or 55 stores by the end of 2024, but that number has since grown NBC Universal, Inc. Macy's says it will close more stores by the end of ...
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 ...
Macy’s is ramping up store closures this year as it struggles to revive its faltering business. In February, the embattled retailer announced plans to shut 150 underperforming stores within ...
Macy’s said Wednesday that it has tightened internal ... The most recent catalyst was an insider share sale of his privately held SpaceX, which boosted Musk’s net worth by roughly $50 billion ...
Macy’s said an investigation into accounting problems found that a rogue employee hid more than $151 million in expenses to cover up a bookkeeping mistake and wasn’t motivated by personal or ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Macy’s has slashed its annual profit outlook after discovering an employee hid more than $150mn in ...
Few have succeeded, but that isn’t stopping another pair from taking a shot at Macy’s M-0.84%decrease; red down pointing triangle. On Monday, Barington Capital and property-owner Thor ...