Six Macy's stores closing in Texas, one in Houston, amid retail giant's struggles
The struggling department store announced a list of 66 locations it will close this year to pursue "A Bold New Chapter" strategy.
Retail apocalypse: Big Lots, rue21, others closed thousands of stores in 2024
From Big Lots and Rite Aid to Sam Ash and Rue21 — retailers closed thousands of stores in 2024. Here are some of the most notable store closures in 2024: Carter’s closed 30 stores, according to CBS News. Pictured is a Burlington store at 215 N. Maple Road in Ann Arbor, Michigan. (Makayla Coffee, MLive)
Department store operator Macy's to close certain stores across US
Department store operator Macy's said on Thursday it will close 66 store locations as part of a strategy it announced last year. The company said it will invest in 350 "go-forward" Macy’s locations across the country through fiscal 2026.
Macy’s closing 66 stores around country. See the list of locations here.
The moves are a “part of the Bold New Chapter strategy, which was announced in February 2024,” the company said.
Macy’s confirms closure of 66 store locations
Macy’s (M) confirmed the closure of 66 Macy’s non-go-forward store locations. “These closures are a part of the Bold New Chapter strategy,
List of All 66 Macy’s Stores Closing This Year
Macy’s has revealed the list of 66 stores that are set to close this year. However, there are several more coming by 2026. The closures come as part of the retail chain’s Bold New Chapter strategy, which was previously announced in February 2024.
Hawaii Macy’s stores spared as retailer announces closures
Department store operator Macy’s said today it will close 66 store locations as part of a strategy it announced last year.
Retail Sector Hiring Makes a Comeback
Retail sector hiring bounced back in December, likely driven by strong consumer spending throughout the holiday season. While ...
We're seeing rebound in retail spending & experiences, says BofA's Liz Everett Krisberg
Liz Everett Krisberg, head of Bank of America Institute, joins CNBC's 'Squawk Box' to discuss outlooks on the consumer.
2025 Trends In Retail, Franchising, And The Gig Economy
There’s every reason to believe consumers will continue spending in 2025. Here are likely challenges and trends in retail, ...
As Retail Hails East Coast Port Deal, US-Bound Container Prices Might Ease
NRF and RILA are breathing a sigh of relief, while firms like Maersk, Hapag-Lloyd and Cosco saw stock prices sink amid an ...
DHL Buys Into the Growing Retail Returns Business
The acquisition of a returns services provider comes as retailers are grappling with the higher volumes that shoppers are ...
How Tech Could Shape Consumer Journeys In Travel, Booking And Retail In 2025
The common thread connecting all these industries this year is increased attentiveness and care when it comes to their ...
Macy's to close amid retail shift to online shopping in Oakland Mall
This comes as the fading store chain is working to redo operations as more customers shop online rather than in store.
German retail sales fall unexpectedly in November
German retail sales unexpectedly fell by 0.6% in November compared with the previous month, official data showed on Wednesday ...
ProgressiveGrocer2h
Retail Pricing Firms Merge
Alex Moorhead, executive chairman of Clear Demand, is CEO of the merged business. Rajat Nigam, co-founder of Bungee Tech, ...
Eurozone Retail Trade Edges Up But Low Consumer Confidence Remains Headache
The euro area’s retail-trade volumes rose marginally in November, although a slowing economy and low consumer confidence ...
The AI-Driven Edge Is The Future Of Retail
Modernizing IT at the edge to pave the way for AI and GenAI is the key to thriving in an increasingly competitive retail ...