Macy's, Inc. engages in the retail of apparel, accessories, cosmetics, home furnishings, and other consumer goods. Its brands include Macy's, Bloomingdale's, and Bluemercury. It offers men's ...
Macy's, which launched a comprehensive strategy to revive its struggling business, on Wednesday announced that it is accelerating its planned store closures for the year. CEO Tony Spring told ...
Macy's is closing more stores than it originally announced earlier this year. According to the company's third quarter earnings report, the department store chain is expected to close 65 locations ...
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 ...
Another major brick-and-mortar retailer is set to close dozens of stores across the country. Macy's announced it will be closing around 65 locations after the holidays, around the time the ...
Macy’s said an investigation into accounting problems found that a rogue employee hid more than $151 million in expenses to cover up a bookkeeping mistake and wasn’t motivated by personal or ...
Macy’s said Wednesday that it has concluded its investigation into an employee who intentionally hid more than $150 million in expenses, and it has tightened its controls to avoid a repeat of ...
The discovery of the accounting errors prompted the retailer in November to postpone reporting its quarterly financial results for two weeks, triggering a selloff of Macy’s shares. The stock ...
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Macy's Inc. originally said it expects to close around 50 or 55 stores by the end of 2024, but that number has since grown NBC Universal, Inc. Macy's says it will close more stores by the end of ...