Macy’s, Inc. M has demonstrated strong upward momentum, trading above its 50 and 100-day simple moving averages (SMAs). SMA ...
Some sections are bare, and employees are confirming what has been rumored for months: Macy's at Salem Center is closing.
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 ...
Robert Chavez, who most recently served for 24 years as president and chief executive officer of Hermès Americas, will join ...
The chain, which is 95 years old, is ramping up store closures this year as it struggles to revive its faltering business.
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 ...
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.
The company was founded by Rowland Hussey Macy Sr. on March 6, 1929 and is headquartered in New York, NY.
Macy’s is closing 65 stores in fiscal year 2024 alone, according to the company’s latest quarterly earnings report. The ...
Macy’s uncovered the issue during the preparation of its financial statements for the third quarter of 2024. The company immediately launched an independent investigation, which it says revealed ...
This theft was just done by one guy, so all is fine.” Macy’s also tried to say that this was not that big a deal. “The Company evaluated the errors and determined that the related impact was ...
Jim Mitarotonda, the CEO of Barington Capital Group, made it clear that he is confident in Macy's executive leadership, saying "there isn't any reason" why the company shouldn't be able to improve ...