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Macy’s would be more valuable if it just shut down its business and sold everything off for parts. ... In 2018, after years of closing hundreds of stores, the company filed for bankruptcy.
Macy's (originally R. H. Macy & Co.) is an American department store chain founded in 1858 by Rowland Hussey Macy.It has been a sister brand to the Bloomingdale's department store chain since being acquired by holding company Federated Department Stores in 1994, which renamed itself Macy's, Inc. in 2007.
The episode also acquired a 5.7 rating in the 18–49 demographic, making it the highest-rated show on cable television of the night. [21] In the United Kingdom, the episode was viewed by 3.54 million viewers on Sky Atlantic, making it the highest-rated broadcast that week on its channel. It also received 1.02 million timeshift viewers.
On February 2, 2009, Macy's announced the elimination of 7,000 jobs, or 4% of its workforce, and slashed its dividend as it looked to lower expenses as part of a major restructuring. Cincinnati-based Macy's Inc. stated that the workforce reduction included positions in offices, stores, and other locations, and the cuts include some unfilled jobs.
Macy’s is laying off about 3.5% of its workforce, or roughly 2,350 employees, and closing five stores as it continues to shrink its massive retail business for the online shopping era.
Macy's announced Tuesday that it was closing approximately 150 stores nationwide, but added Thursday the Dartmouth Mall Macy's will be spared.
Get the complete list of Macy's stores closing in 2021, along with information about the department store chain's three-year plan to close 125 locations in total.
The seventh season includes an 81-minute finale; [65] this was the series' longest episode until it was surpassed by the Season 8 episode "The Long Night", which is 82 minutes. Season 7's penultimate episode also runs for 71 minutes – around 16 minutes longer than an average Game of Thrones episode.