We believe Macy’s is struggling to stay relevant as consumers have many choices. The firm recently announced the closure of about 150 of its lower-performing stores over the next three years as part ...
More Macy's stores are continuing to close their doors for good. As announced last year, Macy's department stores across the United States have been closing as part of a wider plan to shut down 150 ...
Macy's CEO Tony Spring, who is trying to turn around the company, wants to prove to the public markets that its three-brand ...
More people have turned to online sales for their shopping needs, but brick-and-mortar stores will remain an important part of retail with needed changes, analysts said just a week after two major ...
Retail giants Kohl's and Macy's will close 27 and 66 underperforming stores across the U.S. in 2025, respectively.
Macy’s announced its Bold New Chapter strategy in February 2024, saying it would involve closing 150 underproductive stores over a three-year period.
The core of Greenbrier Mall is set to be auctioned off in late February as part of the final act of a lengthy foreclosure ...
For department stores along the city’s Market East corridor, closure has been the norm for decades. Macy’s may join Gimbels, ...
The closures are part of a strategy the retailer calls "Bold New Chapter," which it says will return the company to ...
It boasts a grand past, as former headquarters of the May Co. department store empire and a focal point of the more bustling downtown of previous decades. But for years, it has sat empty as ...
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Once the bastion of middle-class ladies going up to town to shop ... department were joined by a motor department selling cars, motorbikes and all associated accoutrements. Their mail-order ...