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NEW YORK, Feb. 27 (Xinhua) -- In a move to streamline operations and focus on its core business, U.S. department store chain Macy's on Tuesday announced a strategic plan dubbed "A Bold New Chapter."
M earnings call for the period ending December 31, 2023.
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.
NEW YORK--(BUSINESS WIRE)--Feb 20, 2024--
Macy’s, Inc. (NYSE: M) shares were fairly flat Tuesday amid new developments. The department-store giant announced today that its Board of Directors has received notice from Arkhouse Management Co. LP that it has nominated nine individuals to stand for ...