The department store chain has been investing in some stores while shuttering others as part of its “bold new chapter.” ...
Macy's has named the first 66 of the 150 stores it is shutting as it desperately tries to revive its faltering business.
The closures are part of Macy's "Bold New Chapter" strategy, which was announced in February 2024. The reorganization, the ...
Macy's Inc. will close 66 stores nationwide as part of its "A Bold New Chapter" plan, including eight in Florida. The only Macy's store on the Treasure Coast will remain open in the Treasure Coast ...
Horror films typically fall sharply after the first weekend and anything less than a 50% decline is notable. “Nosferatu,” ...
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a decrease of 2.4% compared to 2023 third-quarter sales. "We now expect to close roughly 65 locations this year," said Macy's CEO Tony Spring in the earnings call. "In line with our typical ...
Here at Post Wanted, we listen and we don’t judge. So, if you were to tell us that it’s the weekend before Christmas day, and you still hadn’t bought any presents, we’d respond by simply ...
During the earnings call, Spring highlighted that the retail sector has faced challenges, with Macy’s reporting total net sales of $4.7 billion, reflecting a 2.4 percent decrease compared to the ...
Macy’s strengths include more than 40 million annual customers, 30 million members in its loyalty program, and more than $7 billion in digital sales. The firm is investing in its best-performing ...