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 ...
Two of America's largest department stores announced plans this year to shutter locations across the country. The result for consumers: Some communities will be losing both Kohl's and Macy's stores ...
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.
Respected retail analyst Neil Saunders had for years regularly posted pictures on social media showing extreme messiness at ...
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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 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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Ross Stores thrives with major expansion plans while retail giants close locations nationwide
Ross Stores Inc. expands with new store openings across 17 states while major retailers like Macy's and Kohl's close ...
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 ...
Corporate executives joined local dignitaries in China Grove on Thursday to celebrate the grand opening of the Macy’s, Inc.
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 ...
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 ...
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