Four Macy's in Pa. will be closing, with the biggest of those in downtown Philadelphia at the former home of Wanamaker's. The ...

The moves are a “part of the Bold New Chapter strategy, which was announced in February 2024,” the company said.

That comes after it made $66M in profit off real estate sales in Q3. The downsizing initiative is not new for Macy’s. The chain announced plans to shutter 150 stores by the end of 2026 in its ...

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 said it will have sold $275 million in its real estate portfolio by the end of ... company’s $275 million forecast for 2024 asset sale monetization compared to a previous estimate ...

Macy's released a list of 66 of the "underproductive" stores it is closing. The retailer plans to close about 150 in its ...

The Macy’s stores at Lakeside Mall in Sterling Heights and Oakland Mall in neighboring Troy are on a list of 66 “underproductive” stores scheduled to close in 2025, with liquidation sales set to start ...

The freestanding Macy's Backstage location in Sheepshead Bay is also on the list. Other Macy's stores closing across New York ...