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Macy’s has announced it intends to close about 65 of its stores after the end of the holiday season. This number is 15 more than the company had originally planned for this period. In an ...

which continue to generate positive store sales. Mitarotonda said if Bloomingdales and Bluemercury traded independently of Macy's, they would trade at a higher multiple than their corporate parent. " ...

Macy’s said it will have sold $275 million ... Mitchell said the company’s $275 million forecast for 2024 asset sale monetization compared to a previous estimate of $150 million.

a decrease of 2.4% compared to 2023 third-quarter sales. "We now expect to close roughly 65 locations this year," said Macy's CEO Tony Spring in the earnings call. "In line with our typical ...

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The number of Macy's stores slated for closure by the end of the year has climbed again. "We now expect to close roughly 65 locations this year," said Macy's CEO Tony Spring in the earnings call.