Bold New Chapter Overview: Announced in February 2024, Macy’s strategy targets closing around 150 underproductive stores by fiscal 2026 (January 2027) to redirect resources toward sustainable growth.

At the well-appointed Macy’s in the upscale Topanga Westfield mall in Los Angeles in June 2024, Spring walked the brand’s ...

Tony Spring was already working against the clock to turn Macy's around. Now, the CEO will have two fresh faces on the department store retailer's board of directors as it weighs whether to bet on his ...

NEW YORK -- Veteran department-store chain 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 ...

"Hearst Magazines and Yahoo may earn commission or revenue on some items through these links." It may be time to say goodbye to your local Macy's. The department store chain has announced plans to ...

On Dec. 19, 2024, Macy’s Inc. revealed plans to close approximately 150 store locations over the next three years, marking a significant shift in the retail giant’s strategy. This initiative, dubbed ...

NEW YORK — Macy's is slashing jobs, a harbinger of hard times for retailers after a holiday season that saw a noticeable shift to online shopping and away from physical stores. The nation's largest ...

SAN FRANCISCO - Macy's will close 150 stores nationwide in the next two years, including San Francisco's flagship Union Square store. Mayor London Breed said the Union Square store will be shuttered ...

NEW YORK — Macy's will close 150 unproductive namesake stores over the next three years including 50 by the end of 2024, the department store operator said Tuesday after posting a fourth-quarter loss ...