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The smaller stores are "a unique opportunity to target high-traffic shopping centers," Adrian Mitchell, Macy's chief operating officer, said in announcing the accelerated pace in October 2023.
Macy's plans to close approximately 150 stores nationwide as part of a massive reorganization that will see it pivot to a greater focus on luxury sales.
Macy’s is getting a new, smaller, but more luxurious look designed to turn around the troubled retailer and keep the century-and-a-half old brand relevant to rapidly changing demands from shoppers.
Macy's on Feb.27 announced plans to close 150 stores nationwide as part of a strategic realignment. The retailer aims to prioritize investments in its remaining 350 stores, with the shutdown of 50 ...
As part of "A Bold New Chapter" for the company, Macy's intends to close more than 100 stores nationwide. Are any Georgia locations among them? Macy's to close 150 stores by 2026.
Macy's Inc., the iconic New York City-based department store chain and sponsor of its namesake Thanksgiving parade, plans to close 150 stores over the next three years. Macy's made the ...
By 2026, Macy's says it will shut down 150 "underproductive" locations while prioritizing investments in 350 remaining stores. It says it will also close 50 stores by the end of 2024.
The Macy's stores set to close account for less than 10% of its sales, the company said. Macy's to close 150 unproductive namesake stores amid sales slip as it steps up luxury business Skip to ...
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