Macy’s Stores Closing Update: 65 Stores to Close Soon
In a surprising turn of events, the popular retail brand Macy’s has announced that it will be closing 65 stores in the coming weeks. The 1858-founded store chain is particularly known for harboring a wide collection of fashion,
Macy's to close 15 more stores than planned, total of 65 to shutter by end of January 2025
Macy's revealed the news during a Q3 earnings call, which had been delayed after an employee was accused of hiding $151 million.
Macy's adds to list of store closures, says it will close 65 this year
Macy's said it will close 65 stores this year, an increase from the 50 locations it previously announced it would shutter by the end of the fiscal year. The closures are part of its plan to eliminate roughly 150 underperforming stores over the next three years.
Macy's accelerates store closures, will shutter 65 stores this year
Macy's is accelerating its plan to close underperforming stores by the end of the year. The company plans to shutter 65 stores after the holidays.
Macy's to close up to 65 stores after the holidays. How many could be affected in Tennessee?
Macy's will be closing more stores than previously announced earlier this year. According to the company's third quarter earnings report, the department store chain plans to close
Macy’s is closing more stores nationwide: The list continues to grow
Macy’s is expanding its number of store closures nationwide from 55 locations to 65 locations by the end of Fiscal Year 2024. The increase comes as part of the company’s cost-saving initiatives and “ A Bold New Chapter ,” business strategy which launched earlier this year.
Macy’s closing 65 stores by end of January, more than previously planned
Macy’s is set to close 65 stores by the end of January 2025, more than were previously planned.
Macy’s To Close 65 Stores After Christmas
Macy’s announced Wednesday it will close 65 more stores after the Christmas holiday. The major retailer’s move to shutter dozens of locations comes as part of a plan to get rid of 150 underperforming stores in the next three years,
The Macy’s accounting disaster: CIOs, this could happen to you.
When Macy’s on Wednesday reported more details about the “hiding” of $151 million, it became clear their accounting controls ...
Detroit Free Press5d
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
A Macy's employee is being accused of hiding $151 million in delivery expenses over a nearly three-year period, but despite ...
Investigation Reveals Loan Wolf Ex-Employee Cost Macy’s $151 Million
Department store chain Macy’s has been forced to slash its annual profit outlook after discovering that an employee concealed ...
Macy’s tightens financial controls after employee covered up what became a $151 million mistake
Macy’s profit and sales declined in the third quarter as the department store chain wrestled with cautious spending amid ...
Will the only Macy’s in Alabama be closing in 2025?
Some shoppers may have to drive out of state to go to their favorite department store as Macy’s is set to close 65 ...
Houston Chronicle3d
Macy's announces the closure of 65 stores after the holidays. Fate of Houston stores not yet known.
Department store Macy's CEO has announced the closure of 65 locations following the holidays. "We're encouraged by the pace ...
Macy’s employee responsible for a $151 million accounting scandal made one mistake that snowballed into an intentional coverup
Macy’s finally released its third-quarter earnings on Wednesday after having to delay it due to a massive accounting scandal ...