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Macy's released an initial list of 66 "underperforming stores" it plans to close as part of a multi-year turnaround campaign, ...
CEO Tony Spring said that Macy’s, Bloomingdale’s and Bluemercury are stronger together thanks to back-end synergies.
The Macy's at the Boynton Beach Mall is one of the 66 stores nationwide that Macy's announced Thursday it would be closing.
A new report predicts this year will only get worse for the already-struggling retail sector, with the number of location ...
Macy’s is closing several dozen stores as part of a previously announced turnaround plan to save the beleaguered retailer.
The city brought Macy’s downtown in 1963, and it anchored an earlier, smaller iteration of the Downtown Plaza that opened in ...
Overall, Macy's said that fourth-quarter comparable sales were roughly flat in the ... clamor for retailer to squeeze value from its real estate, among other changes The company expects to report ...
I previously estimated Macy's value at $18 per share on the assumption that it could generate approximately $1.9 billion in adjusted EBITDA (without real estate sales) per year, along with around ...
The department store has reportedly been struggling with declining sales, which has been affecting the wider sector for years ...
Before that, Sarina reported and edited for the business and real estate sections ... According to Macy's, the "Bold" plan is starting to pay off, with sales having improved for three consecutive ...