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Macy’s is trimming its locations as department stores and malls alike dwindle. Macy’s has left many malls already. It has closed more than a third of its namesake stores over the last 10 years.
Market by Macy's is a small-format concept introduced in 2020, when its first iteration opened in the Dallas-Fort Worth area. By fall 2023, there were 12 locations nationwide .
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, Inc. Macy's, Inc. (previously Federated Department Stores, Inc.) is an American holding company of department stores. Upon its establishment in 1929, Federated held ownership of the regional department store chains Abraham & Straus, Lazarus, Filene's, and Shillito's. Bloomingdale's joined Federated Department Stores the next year.
Macy's plans to build 30 more of these smaller stores over the next two years in stand-alone locations away from shopping malls, as well as 45 Bloomingdale's and Bluemercury stores. The smaller ...
Macy's will close 150 unproductive namesake stores over the next three years including 50 by year-end, the department store operator said Tuesday after posting a fourth-quarter loss and declining ...
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