How Macy's store closures will change shopping malls
WEBAug 12, 2024 · Macy's plans to shutter about 150 namesake stores by early 2027, as online shopping and demographic shifts pressure malls to evolve. The closures could lead to new developments, such as...
Macy's to close 150 stores and will open new ... - Associated Press News
WEBFeb 27, 2024 · Macy’s will close 150 unproductive namesake stores over the next three years including 50 by year-end, the department store operator said Tuesday after posting a fourth-quarter loss and declining sales.
Macy’s Will Close 150 Stores but Expand ... - The New York Times
WEBFeb 27, 2024 · Macy’s said on Tuesday that it would vastly reshape its strategy and retail footprint, closing about 150 Macy’s stores over the next three years while expanding its upscale Bloomingdale’s and...
Macy’s, Inc. Announces “A Bold New Chapter” – Challenging the …
WEBFeb 27, 2024 · Macy's, Inc. unveils A Bold New Chapter, a plan to reposition the company, enhance the customer experience, and deliver sustainable, profitable growth. The strategy includes closing underproductive locations, expanding Bloomingdale's and Bluemercury, and modernizing operations.
Macy’s Reports Another Drop in Sales but Sees ‘Traction’ in …
WEBMay 21, 2024 · Macy’s, the largest department store chain in the United States, reported a decline in sales Tuesday for the first quarter of the year, a sign that American shoppers were continuing to pull...
Macy's will close 150 stores, open new Bloomingdale's, Bluemercury
WEBFeb 27, 2024 · Macy's announced its new growth strategy, which includes shutting down underperforming namesake stores and investing in its higher-end department store Bloomingdale's. The retailer plans to...
Macy’s rejected a takeover offer and is betting on itself
WEBJul 15, 2024 · Macy’s management ended talks with private investors attempting to take over the company and will pursue its own turnaround strategy to remake the chain.
Investors - News :: Macy's, Inc.
WEBMacy’s Promotes Sabina Israelian-Garcia to Senior Vice President, General Merchandising Manager of Home, Foods and Toys. Jul 25, 2024.
Macy’s tops expectations for the first ... - Associated Press News
WEBMay 21, 2024 · NEW YORK (AP) — Macy’s sales and profits fell during the first quarter as higher costs and other financial challenges had customers pulling back on spending. Yet the quarterly results Tuesday beat Wall Street expectations.
Macy's is closing 150 stores nationwide - NBC News
WEBFeb 27, 2024 · 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.