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According to Newsweek, citing Coresight Research and Time Out, the U.S. saw 7,325 store closures in 2024. This year, the number is set to nearly double, with an estimated 15,000 stores closing ...
For fiscal 2025, Macy's is expecting adjusted earnings per share of $2.05 to $2.25 and sales of between $21 billion and $21.4 billion, lower than Wall Street expectations of $2.31 per share and ...
Macy’s identifies 66 stores in first round of closures The move is part of the department store chain’s plan to shutter 150 underperforming locations by the end of 2026. Updated January 10, 2025 ...
Macy’s is closing 66 stores in 2025 as part of a cost-cutting plan. See the full list of closing locations, find competing retailers with similar deals and learn how to maximize savings before ...
Macy’s is getting a new, smaller, but more luxurious look designed to turn around the troubled retailer and keep the century-and-a-half old brand relevant to rapidly changing demands from shoppers.
Macy’s announced Thursday that it’s closing 66 underperforming stores, including nine in California. Four of those stores are in Southern California. They include locations in Westminster, at ...
Macy’s Inc. has confirmed the closure of 66 Macy’s non-go-forward store locations, according to the company president. The moves are a “part of the Bold New Chapter strategy, which was ...
As part of this plan, Macy’s said it closed 64 stores in fiscal 2024, which it described as “non-go-forward” locations. The closures helped Macy’s bring in more money from real estate.
SAN FRANCISCO — Macy’s is closing 66 stores across the country in this year as it tries to turn the company around after years of faltering sales. The locations are expected to close sometime ...
Macy's will close store in Colorado and other stores in many other states 00:28. Macy's is closing 66 store locations that it has said are underperforming. The closures are part of the storied ...
The Macy's department store chain announced on its second-quarter earnings call last month that it plans to shutter 55 stores in 2024 rather than the "roughly 50" originally planned to close this ...