Macy's said it will close 65 stores this year, an increase from the 50 locations it previously announced it would shutter by the end of the fiscal year. The closures are part of its plan to eliminate ...
An employee at the Macy's customer service desk in Maplewood told 5 EYEWITNESS NEWS the store is expected to close its doors ...
The 1858-founded store chain is particularly known for ... as well as the rise of online competitors. Macy’s CFO and COO Adrian Mitchell declared the net sales for the third quarter to be ...
Macy’s is set to close 65 stores by the end of January 2025, more than were previously planned. Fast Company reports Macy’s CEO Tony Spring announced Thursday that the company originally planned to ...
The problem, they say, is Macy’s is sitting on real estate that is more valuable than the company itself — an untenable situation that masks the true value of the company. Macy’s struggles are making ...
A changing retail landscape means closures and consolidations. But families still treasure traditions such as light shows, ...
Macy’s just staged a fire sale to kick off the ... buying directly from some of the brands the stores carry or increasingly shop online. Padding its coffers especially at this time of year ...
Macy's plans to close dozens of stores after the holidays and Family Dollar was hard hit with hundreds of closures in the U.S ...
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 ...
All of the stores set to close are underperforming ... in shopping habits and increased competition from online brands. Spring said Macy’s total number of closures is still expected to be ...
“Macy’s owns valuable real estate holdings,” Barington said in a presentation posted online ... including its flagship store at Herald Square in New York City, is worth up to $9 billion ...