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Macy’s on Thursday said it will cut about 3.5% of its workforce and close five of its namesake mall locations as the legacy department store moves to trim costs and turn around slowing sales.
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As of 2004, Bon-Macy's consisted of 50 stores in Washington, Oregon, Idaho, Montana, and Wyoming. New store signs, reading simply Macy's , were in place by January 2005. [ 4 ] The former flagship store in downtown Seattle retains one small, original example of The Bon Marché signage; this can be seen above the north entrance of the store, at ...
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Macy's Union Square. Coordinates: 37.78702°N 122.40738°W. Signage on oldest part of the store, O'Farrell and Stockton. Macy's Union Square (the location of the Macy's department store chain located on San Francisco 's Union Square) is one of the retailer's largest and oldest locations, long the flagship of Macy's California, then Macy's West.
On February 2, 2009, Macy's announced the elimination of 7,000 jobs, or 4% of its workforce, and slashed its dividend as it looked to lower expenses as part of a major restructuring. Cincinnati-based Macy's Inc. stated that the workforce reduction included positions in offices, stores, and other locations, and the cuts include some unfilled jobs.
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