Retail giants Kohl's and Macy's will close 27 and 66 underperforming stores across the U.S. in 2025, respectively.
The end is drawing near for all but one of the remaining Macy’s department stores in Macomb and Oakland counties. More than 200 employees will receive layoff notices when Macy’s shuts down for ...
The news that legendary department store Macy's is set ... The remaining 350 stores, along with Macy's online presence, is part of the company's plan to "return the company to sustainable ...
Also on Thursday, Macy’s announced the locations ... by focusing on its best-performing stores and online sales. The iconic department store chain said last year that it planned to cut ...
On average, most Macy’s department stores are in the range of 180,000 ... expand its luxury brand footprint to better compete with online retailers, with plans to open 15 Bloomingdales over ...
Macy’s, along with other department stores and mid-market retailers such as Target, has been affected as customers prioritize lower prices and value. Net sales fell 3 percent at its namesake ...
Macy’s has disputed that, arguing it’s on a path to return to sustainable growth. The affected 66 locations are a mix of the flagship department store, its furniture-focused spinoff and ...
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