Two of America's largest department stores announced plans this year to shutter locations across the country. The result for consumers: Some communities will be losing both Kohl's and Macy's stores ...
Macy's in January named 66 of the 150 stores it is planning to close as part of its revitalization plan, and some stores on the list appear to have already closed or be closing soon. The retailer ...
After more than a century as a staple of American retail, Macy's is continuing to downsize. As part of a broader shift away from traditional department stores, the company confirmed it will close 66 ...
The department store has been an American staple for over 150 years, since it was founded in 1858 by Rowland Hussey Macy. The ...
Macy’s announced in its fourth-quarter and fiscal-year 2024 earnings report on Thursday that it expects another year of declining sales as the department store chain continues reshaping its footprint ...
Companies are blaming the brick-and-mortar shrinkage on declining foot traffic, shifting shopper habits and inflation.
NEW YORK -- Veteran department-store chain Macy's is laying off about 3.5% of its workforce, or roughly 2,350 employees, and closing five stores as it continues to shrink its massive retail business ...
Macy's delivered another quarter of mixed results on Thursday as investors wait and see how quickly CEO Tony Spring can pull off a turnaround of the business with yet another activist investor looking ...
Sales rise at the 125 stores in Macy's 'Reimagine' network, as well as Bluemercury and Bloomingdale's locations. Macy's turned in its first positive quarter of same-store sales in about three years.
Macy’s will bring its off-price, on-trend styles to additional stores nationwide, including flagship locations at State Street in Chicago and Herald Square in New York NEW YORK--(BUSINESS ...
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