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T he iconic department store Macy's is permanently closing 150 of its locations in the US as part of a re-shake by the company. Bosses announced earlier his week that sales were down as...
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.
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...
Retail giant Macy's said it will shutter 55 stores in 2024 as part of its turnaround plan while it seeks to monetize "real-estate assets."
In a Tuesday statement, officials said they will shut down 150 "underproductive" locations by 2026 while prioritizing investments in 350 remaining stores. It said it will also close 50...
Macy’s will shutter five underperforming stores across the country while simultaneously laying off about 2,350 employees in both retail and corporate positions.
Macy's, an anchor of so many shopping malls, plans to close 150 department stores in a bid to reinvigorate sales and shift its public image more toward luxury goods. The company on Tuesday said...