Macy's announced 66 stores that it will close soon, a part of its previously announced plan to shink the chain by about 150 ...
The moves are a “part of the Bold New Chapter strategy, which was announced in February 2024,” the company said.
The closures are part of a strategy the retailer calls "Bold New Chapter," which it says will return the company to ...
This comes as the fading store chain is working to redo operations as more customers shop online rather than in store.
It is the end of an era for a longtime mall in Metro Detroit, where millions of memories were made. The massive Macy's store ...
Retailer will launch clearance sales in January that will run for approximately 8–12 weeks for full-line and small-format stores ...
Thursday's announcement was not a major surprise. The underperforming Southpark store had been rumored to close since last ...
Macy’s announced 66 stores will close this year as part of its Bold New Chapter plan, including closing about 150 underproductive stores that was announced last year over a three-year period. There ...
Macy’s real estate assets, including the Herald Square location, are worth about $5 to $9 billion. Department store operator Macy’s said on Thursday it will close 66 “non-go-forward” store locations ...
Macy's aims to close 150 "underproductive" stores over three years, while investing in the 350 locations it has deemed worth ...
"That's another chain that has suffered now that we've migrated to online ... shop and are exploring adding a grocery store. When they were first approached about buying the Macy's building ...
The number of Macy's stores slated for closure by the end of the year has climbed again. "We now expect to close roughly 65 locations this year," said Macy's CEO Tony Spring in the earnings call.