Sales rise at the 125 stores in Macy's 'Reimagine' network, as well as Bluemercury and Bloomingdale's locations. Macy's turned in its first positive quarter of same-store sales in about three years.
Macy's shares jumped over 20% Wednesday after the biggest U.S. department store chain posted better-than-expected results and boosted its guidance on solid demand at its "Reimagine" namesake locations ...
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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 – 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 ...
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 improving ...
NEW YORK (AP) — Macy’s profit and sales slipped in the second quarter with the department store grappling with customers that have grown cautions about spending, as well as higher costs from President ...
NEW YORK (AP) — 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 ...
Macy’s Inc.’s stock soared in early trading Wednesday after the retailer boosted its profit outlook and reported the first growth in comparable sales in about three years, signaling that efforts to ...
NEW YORK (AP) — 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 ...
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