How Macy's store closures will change shopping malls - CNBC
WEBAug 12, 2024 · Macy's is shuttering stores as the growth of online shopping and demographic shifts mean some small towns or regions can no longer support a bustling shopping center.
Macy’s, Inc. Announces “A Bold New Chapter” – Challenging the …
WEBFebruary 27, 2024. Strengthens the Macy’s Nameplate, Accelerates Luxury Growth and Simplifies and Modernizes End-to-End Operations. Focuses Macy's resources by closing approximately 150 underproductive locations through 2026. Prioritizes Macy’s investments in approximately 350 go-forward locations.
Macy's to close 150 stores and will open new ... - Associated Press News
WEBFeb 27, 2024 · Macy’s will close 150 unproductive namesake stores over the next three years including 50 by year-end, the department store operator said Tuesday after posting a fourth-quarter loss and declining sales.
Macy’s rejected a takeover offer and is betting on itself - CNN
WEBJul 15, 2024 · Macy’s management ended talks with private investors attempting to take over the company and will pursue its own turnaround strategy to remake the chain.
Macy’s Will Close 150 Stores but Expand ... - The New York Times
WEBFeb 27, 2024 · Macy’s said on Tuesday that it would vastly reshape its strategy and retail footprint, closing about 150 Macy’s stores over the next three years while expanding its upscale Bloomingdale’s and...
Macy’s, Inc. Announces Early Tender Results of Debt Tender Offer
WEB2 days ago · Macy’s, Inc. (NYSE:M) today announced the early tender results of the previously announced cash tender offer (the “Tender Offer”) by its wholly owned subsidiary, Macy’s Retail Holdings, LLC (the “Company”), for each series of notes listed in the table below (collectively, the “Notes”) for a combined aggregate purchase price of up to $220 million (excluding accrued and unpaid ...
Macy’s tops expectations for the first ... - Associated Press News
WEBMay 21, 2024 · NEW YORK (AP) — Macy’s sales and profits fell during the first quarter as higher costs and other financial challenges had customers pulling back on spending. Yet …
Macy’s names 2 independent directors as part ... - Associated Press News
WEBApr 10, 2024 · Macy’s said Wednesday it has named two independent directors to its board that were pushed by activist investor Arkhouse Management, ending a proxy fight that aimed to replace most of the board and to acquire the iconic chain.
Macy's is closing 150 stores nationwide - NBC News
WEBFeb 27, 2024 · Macy's plans to close approximately 150 stores nationwide as part of a massive reorganization that will see it pivot to a greater focus on luxury sales.
Macy's will close 150 stores, open new Bloomingdale's, Bluemercury - CNBC
WEBFeb 27, 2024 · Sales at Macy’s namesake stores have lagged the most — and that business will see the biggest changes. The company plans to close about 150 stores, …