The downsizing plan calls for shuttering a total of about 150 Macy's sites through 2026, including mostly department stores ...
Macy's First 50 stores delivered +1.9% comparable store sales in Q3 2024, outpacing other Macy's stores by 4.1%. Read why I remain bullish on M stock.
M gains from strong momentum and digital growth. However, declining sales and cautious consumer behavior pose risks to its ...
Macy's plans to close more stores than announced earlier this year. According to the company's third-quarter earnings report, the department store chain plans to close approximately 15 more ...
Macy’s needs to reignite its creativity by featuring more exciting products in stores and hosting engaging events to attract younger generations back, according to activist investor Barington ...
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 ...
STATEN ISLAND, N.Y. – Macy’s, which announced last February that it will close 150 stores over the next two years, recently revealed that it will close 65 locations at the end of this month.
Macy's plans to close more stores than announced earlier this year could affect Washington shoppers. According to the company's third-quarter earnings report, the department store chain plans to ...
In late 2024, retail giant Macy’s revealed a shocking accounting scandal involving its parcel delivery expenses. It said a single employee had managed to hide approximately $151 million in delivery ...
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.