Macy's, Inc. plans to close around 150 "unproductive locations" as part of new strategy
The retailer plans to invest more in expanding smaller stores along with expanding its higher-end department store and beauty chain.
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The retailer plans to invest more in expanding smaller stores along with expanding its higher-end department store and beauty chain.
According to the retail chain, approximately 50 of the closures should occur by the end of January 2025.
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San Francisco Mayor London Breed is being slammed after a statement on the closing of the city's flagship Macy's in the city's Union Square, where around 100 others have closed.
The department store giant, which also owns Bloomingdale's, is cutting back, planning to close 150 stores over the next three years.