Macy’s is closing 65 stores in fiscal year 2024 alone, according to the company’s latest quarterly earnings report. The ...
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 ...
The store closures are driven by cautious consumer spending due to inflation, higher interest rates and crushing levels of ...
And Tysons Galleria outside DC has actually got bigger since Macy's shut up shop with a new ... center sits on the site catering to its former customers, and the online giant moved onto the ...
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.
A changing retail landscape means closures and consolidations. But families still treasure traditions such as light shows, ...
Macy’s is merging in-store service with online convenience by partnering ... to simplify searching for items on its ecommerce site by submitting a photo of an item from daily life.
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 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 ...
"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 ...
Macy's, which launched a comprehensive strategy to revive its struggling business, on Wednesday announced that it is accelerating its planned store closures for the year. CEO Tony Spring told ...