Kiezi, who has owned Oakland Mall since 2022, said he purchased the Macy’s building and the surrounding 29 acres in April ...
The department store has reportedly been struggling with declining sales, which has been affecting the wider sector for years.
The closures are part of Macy's "Bold New Chapter" strategy, which was announced in February 2024. The reorganization, the ...
This plan is designed to return the company to sustainable, profitable sales growth which includes closing approximately 150 ...
Mario Kiezi, owner of Oakland Mall, is looking to turn the anticipated closure of the Macy's store at his mall into an opportunity for smaller, more eccentric businesses to shine.
Expect eight to 12 weeks of clearance sales starting this month before the Macy’s store at the Genesee Valley shopping center ...
Retailer will launch clearance sales in January that will run for approximately 8–12 weeks for full-line and small-format ...
Macy's is closing 66 stores in the US, with four in Michigan, as part of a strategy to focus on more profitable locations.
Macy's has named the first 66 of the 150 stores it is shutting as it desperately tries to revive its faltering business.
Macy’s is closing several dozen stores as part of a previously announced turnaround plan to save the beleaguered ...
The company said the closures were part of their “Bold New Chapter strategy.” “This plan is designed to return the company to ...
Macy's is closing more than 60 stores this year as part of a comprehensive strategy to revive its struggling business, the department store said, and several of them are in Maryland and Virginia.