The chain, which is 95 years old, is ramping up store closures this year as it struggles to revive its faltering business.
Dana Schulz is an experienced editor, writer, and content strategist who is just as likely to be crunching the ...
Macy’s, established in 1858, is the Great American Department Store—an iconic retailing brand over 740 stores operating coast-to-coast and online. Macy's offers a first-class selection of top fashion ...
A new report about the financial situation for longtime department store icon Macy's paints an unfortunate picture about the chain's future. According to FastCompany.com, Macy's will close 65 ...
Macy's has begun shuttering 150 of its stores as consumers increasingly turn to online shopping and budget retailers. And other big names including Dillards, JCPenney and Neiman Marcus have joined ...
Macy's is accelerating its plan to close underperforming stores by the end of the year. The company plans to shutter 65 stores after the holidays.
Macy's said it will close 65 stores this year ... with fewer shoppers visiting malls and more Americans making purchases online. U.S. retailers have announced more than 7,100 store closures ...
Macy’s just staged a fire sale to kick off ... buying directly from some of the brands the stores carry or increasingly shop online. Padding its coffers especially at this time of year when ...
US department store chain Macy's has announced an uptick in its closure strategy, revealing plans to cease operations at 65 locations within a year of the December 2024 announcement - an increase ...
The investors estimate that Macy's bricks-and-mortar portfolio, which includes 521 stores across the country, is worth between $5 billion and $9 billion. The investor group says Macy's could ...
US department store Macy's has said a rogue staffer concealed more than $130m (£103m) in company costs over roughly three years, causing it to delay the release of its latest accounts.
The problem, they say, is Macy’s is sitting on real estate that is more valuable than the company itself — an untenable situation that masks the true value of the company. Macy’s struggles are making ...