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Macy's plans to close 150 stores, or 30% of its 493 locations, by 2026. Of those 150, 50 are set to be closed by the end of February 2025, the end of the fiscal year for the department store ...
July 3, 2024 at 10:34 AM. NEW YORK CITY - Thousands of people are set to gather in New York City for the 48th annual Macy's 4th of July Fireworks Show. The fireworks will launch from the Hudson ...
The department store chain went through its own series of closures after going through bankruptcy in 2020, when it closed 29% of its 846 stores, 242 locations. Rhode Island and Massachusetts ...
At least initially, the stock market's reaction to the news from Macy's seemed to be positive, or at least neutral. As of 11 a.m., the company's stock was up about 3.5%.
In a statement obtained by NBC on Tuesday, San Francisco Mayor London Breed said she had learned that Macy's 400,000 square-foot flagship location in the city's Union Square will eventually be ...
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 ...
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 ...
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 ...