Last year, Macy’s announced it was closing 150 underperforming stores by 2026, shrinking its footprint to about 350 locations when the plan is finished. The 66 store closings revealed Thursday ...

Macy's announces closure of 150 stores in major restructuring effort 02:11. Macy's has received a higher buyout offer from two investment firms, Arkhouse Management and Brigade Capital Management ...

Macy's has received a $5.8 billion offer from an investment group to take the iconic department store chain private, a deal that could have more to do with the retailer's real estate holdings than ...

Department store giant Macy's says it will close more locations than it had originally planned. The chain now intends to close 65 stores by the end of January 2025. In a Q3 earning call Thursday ...

Macy’s reaffirmed its annual sales forecast of $21 billion to $21.4 billion, which would be a decline from last year’s $22.29 billion. It also reported earnings and revenue slightly above ...

Department store chain Macy's is planning to lay off about 13% of its corporate staff and close five stores in an effort to trim costs and redirect spending to improve the customer experience ...