Macy's said it will close 65 stores this year, an increase from the 50 locations it previously announced it would shutter by the end of the fiscal year. The closures are part of its plan to eliminate ...

Macy’s, like many traditional retailers, has struggled to adapt to the rise of online shopping and changing customer habits. The store closures are part of an effort to streamline operations and ...

Macy’s is closing 65 stores in fiscal year 2024 alone, according to the company’s latest quarterly earnings report. The ...

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 ...

A changing retail landscape means closures and consolidations. But families still treasure traditions such as light shows, ...

Macy’s owns 720 stores, including luxury department store Bloomingdale’s and beauty ... have lost out in recent years to online retailers like Amazon; big box retailers that sell groceries ...

Customers can shop comfortably from home, conveniently through the Macy’s mobile app, online at macys.com, or in stores nationwide for last-minute gifts. This holiday season, Macy’s ...

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.

Those are just two of several changes the activist investor says are necessary to turn around Macy’s, which once established itself as a premier department store but has struggled to keep up ...

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 ...

“Macy’s owns valuable real estate holdings,” Barington said in a presentation posted online ... including its flagship store at Herald Square in New York City, is worth up to $9 billion ...