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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."
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 ...
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 ...
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.
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" stores, or roughly 30% of all locations, while prioritizing investments in 350 "go-forward" stores. It says it will close 50 stores by ...
On Tuesday, Macy's announced its 2023 earnings, as well as plans to close 150 underperforming locations — including 50 by year-end. The company will be left with roughly 350 locations, or what ...