Macy's To Close 150 Stores: Will Connecticut Stores Be Affected?

U.S. retailer Macy's to close 150 stores

The iconic but struggling U.S. department store Macy's announced plans on Tuesday to close around 150 locations by 2026, while concentrating investments in its more upscale Bloomingdale's and Bluemercury brands. The company, which had announced in January it would pare its workforce by 3.5 percent, said in a statement the…

Macy's to close 150 stores, status of Fargo location unknown

NEW YORK (KVRR/CNN) – Macy’s is closing 150 underperforming stores — 50 by the end of 2024 and the other 100 over the next few years. By 2026, it will have just 350 Macy’s stores, the company announced. The company says it plans to focus on its Bloomingdale’s and Bluemercury brands — luxury stores that have outperformed the Macy’s brand. It will open more, smaller versions of those stores over the next several years. It’s not known if the Macy’s…

Macy's plans to close 150 stores; no word on fate of NC stores

The latest Macy's Inc. restructuring, announced Tuesday along with its fourth-quarter financial report, will feature the closing of 150 "underproductive" stores nationwide — including 50 by the end of 2024.

Macy's To Close 150 Stores: Will Connecticut Stores Be Affected?

Macy's To Close 150 Stores: Will Connecticut Stores Be Affected? - Across Connecticut, CT - Macy's has announced a massive three-year store closing plan.

The American department store group Macy's, under pressure from a group of investors, will close 150 retail outlets by 2026

Facing the threat of acquisition and competitive pressure, Tony Spring (Tony Spring), the new owner of Macy's, said on Tuesday (February 27) that the chain store giant will close 150 stores and will focus on upgrading remaining stores in the future to focus on brand building.