Search results
Results from the WOW.Com Content Network
Macy’s is closing more than five dozen store locations across the United States as part of the company's ongoing reorganization strategy.. The retailer confirmed Jan. 9 that it was shuttering 66 ...
Arkhouse's March all-cash offer values Macy's at $24 per share — a 14.3% increase from its original proposal of $21 per share — and a 51.3% premium to Macy’s share price on Nov. 30, 2023.
Macy's plans to close 66 stores in 2025 and 150 locations in total by 2026. The department store chain will expand Bloomingdale’s and Bluemercury. ... 2015 Birch Rd. in Otay Ranch Town Center ...
Macy’s reported earnings of $62 million, or 22 cents per share for the quarter ended May 4. That compares with $155 million, or 56 cents per share in the year-ago period.
Here is the complete list of stores Macy's will close in 2025. California authorities give update on L.A. fires and announce school closures Blue Origin to launch New Glenn rocket after 10 years ...
In November 2021, Macy's announced the launch of its digital marketplace, which set to debut in the second half of 2022. Macy's will partner with AlixPartners and Mirakl. [39] In November 2023, it was reported that Arkhouse Management and Brigade Capital Management have offered to buy Macy's Inc. for $5.8 billion. [40]
Macy's also said at the time the move, dubbed as "A Bold New Chapter," will allow it to focus its resources and prioritize other stores. “A Bold New Chapter serves as a strong call to action.
This isn't the first time Macy's has announced unfortunate news about store closings in recent years. The department store chain has closed roughly 300 stores since 2015, including closing 45 Macy ...