Some sections are bare, and employees are confirming what has been rumored for months: Macy's at Salem Center is closing.
Macy's is accelerating its plan to close underperforming stores by the end of the year. The company plans to shutter 65 stores after the holidays.
Customers can shop comfortably from home, conveniently through the Macy’s mobile app, online at macys.com, or in stores nationwide for last-minute gifts. This holiday season, Macy’s ...
The solution: Break it all apart. “Macy’s owns valuable real estate holdings,” Barington said in a presentation posted online. “The market is implying that Macy’s retail operations are ...
Macy’s has completed its investigation into accounting problems and found that a single employee’s mistake and coverup created $151 million in false bookkeeping entries.
The investors estimate that Macy's bricks-and-mortar portfolio, which includes 521 stores across the country, is worth between $5 billion and $9 billion. The investor group says Macy's could ...
Macy's plans to close more stores than previously announced earlier this year, which could mean Delaware shoppers will be affected. According to the company's third quarter earnings report ...
Macy’s has had to confront other activist shareholders looking to make changes as the company struggles with sluggish sales and increased competition from discounters and online behemoth Amazon.