Macy’s will close 14 department stores across 12 states this year, according to an internal memo from the company's CEO.
Macy’s grew Q3 comps 3.2% through its Bold New Chapter strategy with net debt below 2x EBITDA and 9% Bloomingdale's growth.
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Saks Off 5th is to shutter as the troubled Saks Global group refocuses on luxury. But with Macy's also closing stores, ...
Many large retail chain stores and well-known restaurants are planning closures for 2026, and some of them have already ...
The closures are part of the company's "Bold New Chapter" turnaround plan in an effort to support long-term growth and better ...
Now, it’s worth noting Stock Advisor’s total average return is 949 % — a market-crushing outperformance compared to 195% for ...
Macy’s is making major operational changes as sales continue to slide.
Macy’s to Close 14 Stores as Part of Major Turnaround Strategy ...
Fans of Macy’s Inc. will be disappointed to learn that the iconic department store has announced its next round of store closures. Fourteen Macy’s locations in 12 states will shutter as a result of ...
Over the past two years, Macy’s, Inc. has aggressively reallocated capital toward higher-return assets in an effort to reposition the company and achieve greater value. The strategy appears to be ...
Macy’s will close its Marley Station Mall location in Glen Burnie as part of a broader store reduction plan. The retailer plans to shutter 14 stores in 2026 after closing 66 locations last year.