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Macy's still plans to close a total of about 150 underproductive stores, while investing in its 350 current Macy’s locations, through the company's 2026 fiscal year, which ends Jan. 30, 2027 ...
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 ...
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 California official on evacuation orders as Sunset Fire ...
The best deal at Macy's this year may be the stores themselves.Shares of Macy's surged over 19% on Monday, after the 165-year-old retail giant received a $5.8 billion buyout offer from real estate ...
Activist investor Barington Capital Group is calling on department store retailer Macy's to develop an internal real estate subsidiary, reduce capital expenditures, and explore strategic options ...
For now, though, the focus seems to be on rightsizing the real estate portfolio at large. On Tuesday, Macy's announced its 2023 earnings, as well as plans to close 150 underperforming locations ...
The mall was sold to Kohan Retail Investment Group for $26.35 million on March 22, 2016, who owns it under the name Lycoming Mall Realty Holding. [20] [21] [22] Macy's closed in March 2017, and owned its anchor store.
At least initially, the stock market's reaction to the news from Macy's seemed to be positive, or at least neutral. As of 11 a.m., the company's stock was up about 3.5%.