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Macy’s said that roughly a quarter of the stores it planned to reopen on Monday were in Simon Property malls. Simon Property outlined plans this week to reopen 49 shopping centers in 10 states ...
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 CEO speaks out “Closing any store is never easy, but as part of our Bold New Chapter strategy, we are closing underproductive Macy’s stores to allow us to focus our resources and ...
Macy’s stores will also operate on shorter hours, from 11 a.m. to 7 p.m. and nearly 25 percent of them will be in malls. The shopping experience, however, will look much different.
Macy's is closing 66 stores as part of a comprehensive strategy to revive its business. ... FILE - A Macy's department store is seen at a shopping mall on Dec. 13, 2024, in San Diego, ...
Macy’s has not yet announced the location of the new Boston store. There are currently 15 Macy’s in Massachusetts, six in Connecticut, four in New Hampshire, two in Rhode Island, and one in Maine.
Macy’s has also been experimenting with “dark stores,” or fulfillment centers closed to in-person shopping. These stores in Colorado and Delaware, for instance, can be used to fulfill online ...
Macy’s Inc. is accelerating its rollout of smaller department stores, betting that it can attract more shoppers with fewer products and more digital services at stores closer to where customers ...
Macy's still plans to close a total of about 150 underproductive stores, while investing in its 350 current Macy’s locations, through the company's 2026 fiscal year, which ends Jan. 30, 2027 ...
Macy's is shuttering 55 stores in 2024, due to customer preferences in shopping in an uncertain economy. AP Photo/Nam Y. Huh ...
For customers shopping in store, Macy’s has implemented enhanced safety and wellness procedures to help combat any potential health concerns, complying with the CDC’s recommended protocol.
Macy’s has been unwinding its massive early 21st century expansion, when two mergers brought most U.S. department store banners under one umbrella, and local nameplates steadily disappeared ...