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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, 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 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 ...
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 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 ...
NEW YORK (AP) — 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 ...
NEW YORK (AP) — Macy’s will close 150 stores, 50 this year it said Tuesday, after posting a fourth quarter loss and declining sales. While adjusted net income and revenue topped Wall Street ...
NEW YORK (AP) — Macy’s will close 150 unproductive namesake stores over the next three years including 50 by the end of 2024, the department store operator said Tuesday after posting a fourth ...
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 ...