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Macy’s is laying off about 3.5% of its workforce, or roughly 2,350 employees, and closing five stores as it continues to shrink its massive retail business for the online shopping era.
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 ... had learned that Macy's 400,000 square-foot flagship location in the city's Union Square will eventually be part of the closures ...
Arden Fair is a two-level regional shopping mall located on Arden Way in Sacramento, California, United States. It consists of over 150 tenants, encompassing over 1,100,000 square feet (100,000 m 2) of retail space. [2] [3] The mall features the traditional retailers Macy's and JCPenney as anchor stores. It is locally owned by Fulcrum Property ...
Downtown Commons (or DOCO), formerly known as Sacramento Downtown Plaza, Westfield (Shoppingtown) Downtown Plaza and Downtown Plaza, is a two-level outdoor mixed-use entertainment and shopping complex operated by JMA Ventures, LLC, located along the alignment of K Street (also known as David J. Stern Walk between 5th and 7th Streets) in downtown Sacramento, California, United States, near the ...
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 ...
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Macy's (originally R. H. Macy & Co.) is an American department store chain founded in 1858 by Rowland Hussey Macy. It has been a sister brand to the Bloomingdale's department store chain since being acquired by holding company Federated Department Stores in 1994, which renamed itself Macy's, Inc. in 2007. It is the largest department store ...