The department store chain has been investing in some stores while shuttering others as part of its “bold new chapter.” ...

The closures are part of Macy's "Bold New Chapter" strategy, which was announced in February 2024. The reorganization, the ...

Macy's has named the first 66 of the 150 stores it is shutting as it desperately tries to revive its faltering business.

Questions have emerged about what will happen to the iconic building, the holiday traditions and historic artifacts it has ...

a decrease of 2.4% compared to 2023 third-quarter sales. "We now expect to close roughly 65 locations this year," said Macy's CEO Tony Spring in the earnings call. "In line with our typical ...

Here at Post Wanted, we listen and we don’t judge. So, if you were to tell us that it’s the weekend before Christmas day, and you still hadn’t bought any presents, we’d respond by simply ...

During the earnings call, Spring highlighted that the retail sector has faced challenges, with Macy’s reporting total net sales of $4.7 billion, reflecting a 2.4 percent decrease compared to the ...

GRAND CHUTE — The number of Macy's stores slated for closure by the end of the year has increased, leaving the future of the Fox River Mall Macy's unknown. It has yet to be revealed if the ...

which continue to generate positive store sales. Mitarotonda said if Bloomingdales and Bluemercury traded independently of Macy’s, they would trade at a higher multiple than their corporate parent.

In its most recent quarter, comp sales at the 50 revamped Macy’s stores rose 1.9% and at “go-forward” stores (those that will remain after planned closures) fell 1.8%; this compares to a 3% ...