Macy's announced it would close 150 of its "underproductive" stores by 2026 while prioritizing 350 "go-forward" locations.
In addition, the company operates 59 Bloomingdale's locations and 164 Bluemercury locations. The company's Bluemercury brand ...
Macy's is accelerating its plan to close underperforming stores by the end of the year. The company plans to shutter 65 stores after the holidays.
Macy's said it will close 65 stores this year, an increase from the 50 locations it previously announced it would shutter by the end of the fiscal year. The closures are part of its plan to eliminate ...
Dillard’s operates 273 stores, as compared with Macy’s Inc. 735 stores, including 512 Macy’s, 59 Bloomingdale’s and 164 Bluemercury with 20 shop-in-shops in Macy’s. Macy’s stock is ...
US department store chain Macy's has announced an uptick in its closure strategy, revealing plans to cease operations at 65 ...
Activist investor Barington Capital on Monday revealed a stake in Macy’s and pushed the retailer to consider options for its Bloomingdale’s and Bluemercury businesses and create a separate ...
Macy’s is tightening financial accounting measures after completing a probe of a rogue employee who hid $151 million in delivery expenses over a span of nearly three years ...
Macy’s is closing 65 stores in fiscal year 2024 alone, according to the company’s latest quarterly earnings report. The ...
Activist investor Barington Capital Group is calling on department store retailer Macy’s to develop an internal real estate subsidiary, reduce capital expenditures, and explore strategic options for ...
Meanwhile, sales were up at Bloomingdale's department stores and Bluemercury cosmetics stores, both brands under the Macy's, Inc., umbrella. "Our third quarter results reflect the positive ...