Macy's said it will close 65 stores this year, an increase from the 50 locations it previously announced it would shutter by ...
Macy's is accelerating its plan to close underperforming stores by the end of the year. The company plans to shutter 65 ...
Barington Capital wants the storied retailer to spin off the two chains and get more value out of its real estate.
Department store chain Macy’s has been forced to slash its annual profit outlook after discovering that an employee concealed ...
In addition, the company operates 59 Bloomingdale's locations and 164 Bluemercury locations. The company's Bluemercury brand ...
The retail giant has not revealed which stores will close but notes the closures will happen post-holiday season.
According to Macy's, the additional store closures are in line with the retailer's plan for "accelerating luxury growth." ...
The increased closures are part of Macy's strategy to accelerate the closure of "non-go-forward stores," which are ...
In a third-quarter earnings call on Wednesday, Macy's chairman and CEO Tony Spring said the company will close 65 more ...
Barington Capital and Thor Equities urged Macy's to create a real estate unit and consider options for its Bloomingdale's and ...
Some shoppers may have to drive out of state to go to their favorite department store as Macy’s is set to close 65 ...