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The Macy's stores set to close account for less than 10% of its sales, the company said. Macy's to close 150 unproductive namesake stores amid sales slip as it steps up luxury business Skip to ...
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 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 ...
At its namesake stores, sales at stores opened at least a year fell 6% including its licensed business during the latest quarter, while the metric at Bloomingdale's was down 1.5%. The company expects profit for the current fiscal year in the range of $2.45 to $2.85 per share, while sales should range from $22.2 billion to $22.9 billion.
As part of "A Bold New Chapter" for the company, Macy's intends to close more than 100 stores nationwide. Are any Georgia locations among them? Macy's to close 150 stores by 2026.
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.
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 recently announced that 150 store locations will be closed by 2026. See what this could mean for NJ malls and our 25 Macy's locations.