Corporate executives joined local dignitaries in China Grove on Thursday to celebrate the grand opening of the Macy’s, Inc.
The New York City-based Macy’s will be closing 66 stores across nearly two dozen states as part of its “Bold New Chapter” strategy, describing the soon-to-be-closed locations as “non-go-forward” ...
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Macy's Bold New Chapter: Analyzing the Strategic Imperative Behind 150 Store Closures and a Reshaped Retail Future
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.
NEW YORK — Macy’s raised its expectations for the year and reported the first increase in same-store sales since 2022 after the department store chain intensified its focus on modernizing stores and ...
NEW YORK – With comp gains at each of Macy’s Inc.’s retail divisions, the company delivered a second quarter of better-than-expected results. Total company sales – which include the impact of previous ...
Forbes contributors publish independent expert analyses and insights. Steve Dennis is a top retail influencer, strategic advisor and author. This morning Macy’s beat quarterly earnings expectations ...
Long-struggling Macy's will lay off 77 people at its Sunrise Mall store in Massapequa, one of three locations the retailer will close on Long Island. The Massapequa store will close due to “economic” ...
NEW YORK -- Macy's announced Tuesday it will close 125 stores and cut 2,000 corporate jobs as the company tries to stabilize profitability and allow for future growth. "We have a clear vision of where ...
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