Bold New Chapter Overview: Announced in February 2024, Macy’s strategy targets closing around 150 underproductive stores by ...
Macy's in January named 66 of the 150 stores it is planning to close as part of its revitalization plan, and some stores on the list appear to have already closed or be closing soon. The retailer ...
NEW YORK — Macy’s raised its expectations for the year and reported the first increase in same-store sales since 2022 after the department store chain intensified its focus on modernizing stores and ...
Forbes contributors publish independent expert analyses and insights. Steve Dennis is a top retail influencer, strategic advisor and author. This morning Macy’s beat quarterly earnings expectations ...
NEW YORK – With comp gains at each of Macy’s Inc.’s retail divisions, the company delivered a second quarter of better-than-expected results. Total company sales – which include the impact of previous ...
NEW YORK -- Macy's announced Tuesday it will close 125 stores and cut 2,000 corporate jobs as the company tries to stabilize profitability and allow for future growth. "We have a clear vision of where ...
Sales rise at the 125 stores in Macy's 'Reimagine' network, as well as Bluemercury and Bloomingdale's locations. Macy's turned in its first positive quarter of same-store sales in about three years.
The retailer also tapped Edgewell executive Daniel Sullivan as chief financial officer. Ken Bull, who has been interim CFO, ...