Search results
Results From The WOW.Com Content Network
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 ...
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 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 ...
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 ...
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 ...
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%.
Macy's already announced layoffs, store closures in January In January, Macy's announced 2,350 layoffs, 3.5% of its workforce, in January, the Wall Street Journal reported , citing a memo to ...