Macy's aims to close 150 "underproductive" stores over three years ... visiting malls and more Americans purchasing essentials online, a shift that occurred during the pandemic.
Retail giants Kohl's and Macy's will close 27 and 66 underperforming stores across the U.S. in 2025, respectively.
Macy's has struggled for years as online shopping and lower-priced options have grown and the chain's in-store experience floundered. Over the past decade, its share price has been down more than 50%.
As legendary department store Macy's enters its 167th year in business, the retailer has struggled with internal accounting ...
we are closing underproductive Macy’s stores to allow us to focus our resources and prioritize investments in our go–forward stores, where customers are already responding positively to better product ...
FILE - An image of a Macy's location in western Washington ... "As part of ongoing efforts to reimagine the shopping experience both in-store and online, customers can more easily access detailed ...
You can find Macy's stores near you using the company's online store locator. Macy's has four stores in Wisconsin, including two in the Milwaukee area. It's unknown if these locations are among ...
Macy’s blamed declining sales for the closures then, and that is still a factor as traditional stores compete with online stores, big-box retailers and fast-fashion merchants. Christ Fellowship ...
In all, 64 Macy's stores in several states, including Florida, New York, California, and Pennsylvania, are set to close, according to a listing of online closures. Most stores are expected to ...
Macy's will shutter 50 stores over the next year ... Arana feels like a lot of her peers have turned to online shopping anyway. And she worries about problems with unhoused individuals nearby ...