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Macy's recently announced that 150 store locations will be closed by 2026. See what this could mean for NJ malls and our 25 Macy's locations. Macy's is closing 150 stores.
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.
The company is closing 150 underperforming stores — 50 by the end of 2024 and the other 100 over the next few years. By 2026, it will have just 350 Macy’s stores, the company announced.
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 ...
PROVIDENCE − The national retailer Macy's announced on Tuesday that it will be shutting down a total of 150 stores, or 30% of its 493 locations, with 50 of those slated to close by the end of ...
The company is focusing on upgrading the first group of 50 Macy's namesake stores, which will act as “incubators,” Spring told The AP. Macy's had a quarterly loss of $71 million, or 26 cents per share. Adjusted for impairment and restructuring charges, Macy's earned $2.45 per share, topping Wall Street projections for $1.98, according to ...
Market by Macy's By Macys Johns Creek Town Center 3630 Peachtree Pkwy Suite 100, Suwanee This article originally appeared on Augusta Chronicle: Macy's, with 22 stores in Georgia, closing 150 ...
Macy's will close 150 unproductive namesake stores over the next three years including 50 by year-end, the department store operator said Tuesday after posting a fourth-quarter loss and declining ...