Across all its brands, Macy's fiscal third-quarter comps using its owned-plus-licensed-plus marketplace measure increased 3.2%. Comps on this basis include online sales and sales by departments ...
Macy’s will close 14 department stores across 12 states this year, according to an internal memo from the company's CEO.
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The company said laying off over 1,000 employees is part of a long-running push for simplicity and efficiency.
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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.
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The closures are part of the company's "Bold New Chapter" turnaround plan in an effort to support long-term growth and better ...
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 ...