Macy’s is closing several dozen stores as part of a previously announced turnaround plan to save the beleaguered retailer.
Kohl's says it plans to close 27 of its more than 1,150 locations by April. The 66 locations Macy's announced are among the ...
Over 200 Macy's employees will lose jobs as a result of the upcoming Lakeside Mall and Oakland Mall store closings.
Shares of department store Macy’s Inc. ($M) dropped 8% on Monday after the company lowered its sales outlook for its fourth-quarter, dampening retail sentiment. It ...
Macy’s shares could remain in focus on Tuesday after the struggling department store said holiday quarter sales may be ...
Retail giants Kohl's and Macy's will close 27 and 66 underperforming stores across the U.S. in 2025, respectively.
The closures are part of Macy's "Bold New Chapter" strategy, which was announced in February 2024. The reorganization, the company revealed at the time, involved closing 150 stores nationwide within ...
As legendary department store Macy's enters its 167th year in business, the retailer has struggled with internal accounting ...
The layoffs come after Macy’s Inc. on Jan. 9 announced plans to close five department stores in Michigan as part of 66 stores ...
Thursday's announcement was not a major surprise. The underperforming Southpark store had been rumored to close since last ...
Macy’s, Inc. (NYSE:M) shares are trading lower in premarket on Monday after the Department store chain provided ... The company expects fourth-quarter net sales to reach, or slightly fall ...