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Macy's on Tuesday said it plans to close roughly 150 underperforming stores over the next three years, the struggling retailer's latest effort to energize its business as it seeks to fend off a ...
Macy’s plans to close 150 department stores and prioritize its luxury brands as it seeks to reinvent itself amid flagging sales. The company plans to have a smaller footprint of 350 locations as ...
Macy's, an anchor of so many shopping malls, plans to close 150 department stores in a bid to reinvigorate sales and shift its public image more toward luxury goods. The company on Tuesday said it ...
Macy's in January named 66 of the 150 stores it is planning to close as part of its revitalization plan, and some stores on the list appear to have already closed or be closing soon. The retailer ...
Macy’s said it will shut down 150 stores — about 30% of its US namesake ... Many of the locations that are set to close are located near other Macy’s locations, meaning some workers could ...
By 2026, Macy's says it will shut down 150 "underproductive" stores, or roughly 30% of all locations, while prioritizing investments in 350 "go-forward" stores. It says it will close 50 stores by ...
The Macy’s on Fulton Street in Brooklyn has closed after nearly 30 years, while another location at the Sunrise Mall in Long Island will also close its doors soon. “Closing any store is never ...
First, Macy’s will have to downsize. 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 ...
At one point, Macy’s had about 870 stores, with 643 under the parent ... “As part of our strategy, we intend to close approximately 150 locations over the next three years so we can prioritize ...
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