Macy’s is ramping up store closures this year as it struggles to revive its faltering business. In February, the embattled retailer announced plans to shut 150 underperforming stores within ...
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Macy’s, established in 1858, is the Great American Department Store—an iconic retailing brand over 740 stores operating coast-to-coast and online. Macy's offers a first-class selection of top fashion ...
handbags, and home sales. During an earnings call on Dec. 12, Macy’s Chief Financial Officer Adrian Mitchell claimed that sales were negatively impacted by recent “unseasonably warmer weather.” ...
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Macy's plans to close more stores than previously announced earlier this year, which could mean Michigan shoppers will be affected. According to the company's third quarter earnings report ...
Macy’s would be more valuable if it just shut down its business and sold everything off for parts. That’s the argument activist investment firm Barington Capital and private equity firm Thor ...
Macy’s needs to reignite its creativity by featuring more exciting products in stores and hosting engaging events to attract younger generations back, according to activist investor Barington ...
Already, Macy’s has boosted staffing in women’s shoes and handbags at about 100 go-forward stores, and at those locations shoe sales outperformed by about 600 basis points and handbags by ...
Macy’s said Wednesday that it has concluded its investigation into an employee who intentionally hid more than $150 million in expenses, and it has tightened its controls to avoid a repeat of ...
Macy's, which launched a comprehensive strategy to revive its struggling business, on Wednesday announced that it is accelerating its planned store closures for the year. CEO Tony Spring told ...