The news that legendary department store Macy's is set to close 66 stores in 2025 might be jarring, but 350 stores still remain and will be the focus of the brand's growth initiatives over the ...
Macy's Almeda location will close in March, marking the departure of Almeda Mall's final anchor store and leaving 72 workers unemployed, according to a Worker Adjustment and Retraining ...
Macy's CEO Tony Spring isn't in favor of spinning off its luxury brands Bluemercury and Bloomingdale's, despite calls by activist investors to do so. "We continue to believe that there are ...
The result for consumers: Some communities will be losing both Kohl's and Macy's stores soon. Kohl's and Macy's said in their respective Jan. 9 releases that they singled out underperforming stores.
Ruch is founder of Mother Untitled and author of The Power Pause: How to Plan a Career Break After Kids—and Come Back Stronger Than Ever I was two hours into hosting a brunch playdate with a few ...
Net Margin: Macy's's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 0.57%, the company may face hurdles in effective cost ...
GWINNETT COUNTY, Ga. — Macy’s announced that the company is closing 66 stores in 2025, including three locations in metro Atlanta. The closures are part of the department’s stores ...
Macy's (NYSE:M) issued a business update on Monday ahead of its appearance this week at the ICR Conference in Orlando, Florida. The department store operator said its go-forward business achieved ...
Nine New York Macy's stores will close their doors as part of a revitalization plan the company announced last year. The plan, which includes the closure of around 150 "underproductive" locations ...
Ken Dalto, a retail and management consultant in Bingham Farms, said the Macy’s closures points to the wider struggles of department stores as traditional retailer face serious challenges.
When it opened in 1963 amid a sea of recently demolished city blocks, the downtown Macy’s was seen as the anchor tenant for a rejuvenation of Sacramento’s business district. In the years that ...