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 ...
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.” ...
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 ...
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 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 ...
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 ...
Macy's plans to close more stores than announced earlier this year could affect California shoppers. According to the company's third-quarter earnings report, the department store chain plans to ...