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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 announced on Feb. 27 that 150 stores will be closed over the next few years, including 50 by the end of this fiscal year as part of "A Bold New Chapter."
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 ...
Macy's is closing 150 stores nationwide. Here's what we know so far about the moves by one of the country's largest department stores.
Macy's expects a similar hit of $50 million for employee termination charges in the current fiscal year. It said about 50 stores would close in 2024, with the balance to shut down over the next ...
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.