Roughly 150 Macy's stores will close over the next three years, with these first 66 closures affecting dozens of states in ...
Sites slated for closure are scattered across 22 states. Other NYC stores on the chopping block include 2 locations in Brooklyn and 1 in the Bronx.
Macy's financial woes continue with the company reporting a notable dip in third-quarter profits and sales, reflecting a consumer trend toward prioritizing essentials like groceries over ...
NEW YORK (AP) — Macy’s profit and sales declined in the third quarter as the department store chain wrestled with cautious spending by customers, rising competition and sluggish demand for ...
Macy's, which launched a comprehensive strategy to ... Both brands have continued to show growth in sales. Part of the company's strategy includes revamping 50 key stores, also known as the ...
Macy's CEO Tony Spring, after taking over in February, announced a plan to close 150 stores, while upgrading another 350. At the first 50 stores that Macy’s has upgraded, same store sales rose 1 ...