Macy’s is closing its large Owasso fulfillment center in Oklahoma this March, ending a project that was once celebrated as a big win for local jobs and the company’s online growth. The shutdown is ...
PennyGem on MSN
1,000 laid off as Macy’s closes two Connecticut warehouses
Macy’s Inc. shutters two Cheshire, Connecticut, distribution centers, cutting 993 jobs by August 2026, as retail giants navigate a seismic shift toward streamlined operations and e-commerce dominance.
Macy’s shares surged 18% as the department chain signaled its turnaround plan is starting to pay off after years of dismal sales. The company on Wednesday reported quarterly sales growth for the first ...
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