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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 ...
Macy's plans to close approximately 150 stores nationwide as part of ... Macy's is closing 150 stores nationwide as it seeks 'bold new chapter' with greater focus on luxury ... The closures will ...
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 ...
150 Macy's stores are set to close by 2026 after the company announced a restructuring plan on Tuesday.. CEO Tony Spring said in a news release that the closures, amounting to about 30% of Macy's ...
The department-store chain outlined plans to shutter an additional 150 underperforming Macy’s stores in the U.S. through 2026. Macy’s mulls closing San Francisco flagship amid plans to shutter ...
In 2020, they closed 29 stores (28 Macy's and one Bloomingdale's) across the country, per CNBC. But now, Macy's is forging ahead and closing 45 more stores in the year ahead in hopes to try out ...
Macy's expects a similar hit of $50 million for employee termination charges in the current fiscal year. It said about 50 stores would close in 2024, with the balance to shut down over the next ...
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 ...