Macy’s reported falling profit and sales with the department store chain wrestling with cautious spending by customers, ...
Macy's announced it would close 150 of its "underproductive" stores by 2026 while prioritizing 350 "go-forward" locations.
The sale was first reported in The Real Deal ... We intend to close approximately 150 Macy’s stores while further investing in our 350 go-forward fleet over the next three years.
which continue to generate positive store sales. Mitarotonda said if Bloomingdales and Bluemercury traded independently of Macy's, they would trade at a higher multiple than their corporate parent. " ...
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 has announced that it will be closing 15 more stores than originally planned. Will any Arizona stores close? Here's ...
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 ...
along with early sales figures, drove shares down 3.5%, Reuters reported. This incident occurred months after Macy's laid off more than 2,000 employees and closed five stores to cut costs and ...
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 1 ...
Macy's has 89 stores in California, the most of any state ... The company's Bluemercury brand reported opening eight new ...
Macy’s is tightening financial accounting measures after completing a probe of a rogue employee who hid $151 million in delivery expenses over a span of nearly three years ...
NEW YORK (AP) — Macy’s profit and sales declined in the third quarter as the department store chain wrestled with cautious spending by customers, rising competition and sluggish demand for ...