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As of March 2024, it's down to a mere 27 stores, according to Restaurant Business. The closures were reportedly driven by landlord evictions due to unpaid bills and state officials shutting down ...
Macy's plans to close 50 stores in 2024 and 150 locations in total by 2026. The department store chain will expand Bloomingdale’s and Bluemercury.
A List of Macy's 2024 Store Closings Including the store closures announced in January, here is a list of the Macy's stores facing closure this year. Note: This list will be updated as more store ...
On February 27, 2024, Macy's announced that it would be shuttering 150 locations by 2026, roughly 30% of its total store amount, to focus on small-format stores and an expansion of both Bloomingdale's and Bluemercury. 50 locations were set to close in 2024 alone, including the iconic Macy's San Francisco flagship store. [179]
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.
9600 building closing, Women's Store move: As of 2023, Saks plans to close the 9600 Wilshire complex, which is made up of the 1938 3-story building, the 1939 5-story building including the 1940s additions to both, and the single-story 1990 building. The space will be converted to offices, apartments, and smaller retail stores.
In January 2024, Sycamore Partners requested to purchase the struggling Macy's company. [72] In February 2024, Macy's announced that up to 150 underperforming stores would close by the end of 2026, with 50 stores closing by the end of 2024. Macy's stated that the closing stores only represented 10% of its total sales.
A List of Rite Aid's 2024 Store Closings: Here is a list of the Rite Aid store closure this year, confirmed by the company. Note: This list will be updated as more store closures are officially ...
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