Macy's is closing more stores than it originally announced earlier this year. According to the company's third quarter earnings report, the department store chain is expected to close 65 locations ...
In late 2024, retail giant Macy’s revealed a shocking accounting scandal involving its parcel delivery expenses. It said a single employee had managed to hide approximately $151 million in delivery ...
The organization hosted its first parade in 1924, now widely known as the “Macy’s Thanksgiving Parade.” The retail giant launched its online shopping platform, macys.com, in 1996.
Its 2.5 million square-feet Manhattan store is an iconic part of the Macy's portfolio and has become a New York landmark after featuring on classic Christmas film Miracle on 34th Street.
The increased closures are part of Macy's strategy to accelerate the closure of "non-go-forward stores" underperforming locations. The company remains committed to closing 150 underperforming ...
Earlier this year, a number of "small-format" Macy's stores across the country opened, including some in the Chicago area. The stores, typically in strip malls and shopping centers as opposed to ...