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 ...
Macy’s is tightening financial accounting measures after completing a probe of a rogue employee who hid $151 million in delivery expenses over a span of nearly three years ...
After seeing a drop in in-store sales last quarter, Macy’s might make that up by selling off its real estate. The department store announced it expects to see $275 million in sales of its retail ...
Macy's announced it would close 150 of its "underproductive" stores by 2026 while prioritizing 350 "go-forward" locations.
For a budget-friendly blanket that delivers warmth and comfort, try the Berkshire Classic Velvety Plush Blanket, which is on sale for 64% off. From now until Thursday, Dec. 12, you can get the $70 ...
NEW YORK (AP) — Macy’s profit and sales slumped in the third quarter with many customers of the department store chain continuing to divert spending to basics like groceries as they deal with ...
Macy’s is attempting to find a formula to reinvigorate sales. In the past year it has tested different tactics in dozens of stores, like more salespeople in fitting room areas and shoe departments.
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 ...