Macy's to close stores, focus on luxury amid activist investor fight
The retail company is in the middle of a fight with investors that want to take it private
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The retail company is in the middle of a fight with investors that want to take it private
Kate Beckinsale shared snaps of her stepfather's memorial order of service on Tuesday.
M earnings call for the period ending December 31, 2023.
With a focus on checkout processes and improved user experiences, Macy’s is upgrading its digital platforms to meet consumers’ expectations.
Macy’s is evaluating closing its San Francisco Union Square flagship, weighing the real estate value of the property against the potential for future sales growth at the store, a person familiar with the matter told Reuters. Macy's evaluation of the location is part of a new turnaround strategy announced by the retailer on Tuesday in an earnings call with investors. The department-store chain outlined plans to shutter an additional 150 underperforming Macy’s stores in the U.S. through 2026.