Macy's plans to close 150 department stores by 2026 as part of its "Bold New Chapter" strategy. The closures aim to improve profitability amid shifting consumer trends. Listen to Story Store closures ...

Macy's said it will ... retailer's acceleration of store closures comes as department stores struggle, with fewer shoppers visiting malls and more Americans making purchases online.

"Rounding out the discussion on Macy's, we're encouraged by the pace and economics of our non-go-forward store deals. We now expect to close roughly 65 locations this year. In line with our ...

However, recent headlines about store closures have sparked concern among shoppers. With rumors circulating, many are left wondering: Is Macy’s shutting down? Read on for all the details.

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 ...

Macy’s has faced down its share of activist investors ... if he is to repel the barbarians at the department store gates.

Macy’s is ramping up store closures this year as it struggles ... from dwindling sales amid the stratospheric rise of online rivals and the demise of America's suburban malls.

We list the best shopping cart software, to make it simple and easy to take payments and orders online. The online marketplace has grown by leaps and bounds over the past few years especially ...

Copyright 2024 The Associated Press. All Rights Reserved. People watch from inside as a Macy’s float passes during the Macy’s Thanksgiving Day parade, Nov. 28 ...

Sales at the iconic department store chain - which also owns Bloomingdale's - fell by 2.4 percent in the quarter ending in November. Macy's also significantly lowered its expected earnings for 2024.

The department store giant’s shares slid by more than 11% on Wednesday after Macy’s cut its profit outlook for the year. Macy’s chief executive Tony Spring said on the heels of an accounting ...

Barington Capital and property-owner Thor Equities disclosed a position in Macy’s, alongside some recommendations to fix the business. Activists have knocked on the iconic department-store chain ...