Retail giant Macy's Inc. announced Tuesday it's closing approximately 150 underproducing stores across the United States. The new strategy will have the 150 stories closed by 2026, including 50 by ...
Macy's (NYSE:M) is attempting to improve its results by closing around 30% of its Macy's branded stores and rolling out a number of new initiatives in the go-forward stores. Macy's noted that its ...
9. According to Macy’s, the small-format Upland store is one of 42 current and planned locations in the country. The smaller stores are about one-fifth the size of a traditional Macy’s store.
That appeal in some cases to younger consumers that we haven't always had within our stores," Spring added. Macy's has been struggling with flagging sales as consumers increasingly turn from ...
Since 2016, the company has closed about 170 stores in total. Today it operates about 560 Macy’s stores, 58 Bloomingdale’s and 158 Bluemercury beauty specialty stores. In the third quarter ...