Department store giant Macy's says it will close more locations than it had originally planned. The chain now intends to close 65 stores by the end of January 2025. In a Q3 earning call Thursday ...
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 announced it will be closing around 65 locations after the holidays, around the time the department store's fiscal year ends. KCRA asked Macy's if any of the stores slated to close are in ...
The department store chain made the update public in its third quarter earnings call Wednesday. "We now expect to close roughly 65 locations this year," Macy's CEO Tony Spring said on the call.
Macy’s reported falling profit and sales with the department store chain wrestling with cautious spending by customers, rising competition and sluggish demand for cold-weather goods. The New ...
Department store Macy's CEO has announced the closure of 65 locations following the holidays. "We're encouraged by the pace and economics of our non-go-forward store deals. We now expect to ...
Once all 150 are shuttered, Macy's will be left with just 350 stores - a far cry from the peak of around 1,100 in 2008. Like many department stores, Macy's has been suffering from dwindling ...