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This isn't the first time Macy's has announced unfortunate news about store closings in recent years. The department store chain has closed roughly 300 stores since 2015, including closing 45 Macy ...
However, Macy's recently rejected a takeover offer, saying it undervalued the firm. Wall Street's immediate reaction to Tuesday's announcement was negative, with shares trading more than 2% lower ...
Get the complete list of Macy's stores closing in 2021, along with information about the department store chain's three-year plan to close 125 locations in total.
The 45 locations were included in a list of previously announced closures as part of the company's turnaround plan.
Macy's plans to close about 50 stores this year, another hundred in 2025/26 ... The 30,200-square-foot store is expected to open later this year, it said. ... expand in existing market or replace ...
The Macy's stores set to close account for less than 10% of its sales, the company said. While adjusted net income and revenue topped Wall Street expectations, Macy's offered a muted outlook for ...
On Tuesday, Macy's announced its 2023 earnings, as well as plans to close 150 underperforming locations — including 50 by year-end. The company will be left with roughly 350 locations, or what ...
Macy’s stock price has dropped 75% from a peak of $73 a share in 2015. Since then, it has closed nearly 300 stores — almost one third of its locations — but still operates about 700 across ...