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Macy’s on Thursday said it will cut about 3.5% of its workforce and close five of its namesake mall locations as the legacy department store moves to trim costs and turn around slowing sales.
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Despite closing five of its underperforming stores, Macy's announced it will open five new Macy's locations and three new Bloomingdale's stores as well as create new positions within the company's ...
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 ...
On August 30, 2005, the division was dissolved and operation of the stores was assumed by Federated's Macy's West and Macy's South divisions. Foley's operated stores in Arizona, New Mexico, Colorado, Oklahoma, Texas and Louisiana. On September 9, 2006 Foley's and all the regional May Co. stores names were phased out and rebranded as Macy's. [2]
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