Macy’s just staged a fire sale to kick off the holidays – only ... As reported by The Post, the retail giant last week sold its department store at 422 Fulton St. to a syndicate of New York ...
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 ...
Macy’s CEO Tony Spring, after taking over in February, announced a plan to close 150 stores, while upgrading another 350. At the first 50 stores that Macy’s has upgraded, same store sales rose ...
After seeing a drop in in-store sales last quarter, Macy’s might make that up by selling off its real estate. The department store announced it expects to see $275 million in sales of its retail ...
Macy's said its accelerating the number of stores it plans to close this year as it works to turn around the struggling business. It is aiming to close 150 stores in three years.
Sales at the iconic department store chain - which also owns Bloomingdale's - fell by 2.4 percent in the quarter ending in November. Macy's also significantly lowered its expected earnings for 2024.
US department store chain Macy's has announced an uptick in its ... Macy’s reported a slight downturn with a 2.4% drop in net sales, posting revenues of $4.74bn compared to $4.86bn recorded ...