Department store Macy’s Inc. ($M) on Thursday confirmed the closure of 66 Macy’s store locations, dampening retail sentiment.
Macy’s ($M) has announced plans to close more department stores across the U.S. as it struggles financially. The New York ...
The freestanding Macy's Backstage location in Sheepshead Bay is also on the list. Other Macy's stores closing across New York ...
Macy’s, Inc. (NYSE: M) is a trusted source for quality brands through our iconic nameplates – Macy’s, Bloomingdale’s and ...
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.
Previously, Macy's announced it would be closing 50 of its stores by the end of the fiscal year in February. However, a look at the department store's third quarter earnings report indicates it ...
The store closures are driven by cautious consumer spending due to inflation, higher interest rates and crushing levels of ...
"We are making the necessary moves to reinvigorate relationships with our customers through improved shopping experiences, relevant assortments and compelling value." Macy's did not specify which ...
Yet, Macy’s ... store retailers – CVS Health, Walgreens and Rite Aid – together accounted for nearly 20% of the 4,600 retail store closures last year, according to Coresight Research. Online ...