Published 2 months ago

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

Summary by Ground News

The fate of Connecticut stores is uncertain as Macy's has announced a massive three-year store closing plan. The iconic department store chain plans to close 50 of the targeted stores by the end of 2024, and another 100 over the next few years. Macy's is maneuvering to shore up sales by accelerating the expansion of small-format stores.

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大纪元 www.epochtimes.com

Macy's to close 150 stores and add smaller stores

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.

2 months ago

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Noticias ao Minuto

Macy's warehouse group to close 150 stores

Macy's considers that this operation allows it to focus its investments on 350 retail outlets that remain active, particularly through the expansion of smaller stores.

2 months ago·Portugal

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Japan Today

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…

2 months ago·Sakado, Japan

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Patch

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.

2 months ago·United States

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TVA Nouvelles

Macy's store group to close 150 retail outlets

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

2 months ago·Montreal, Canada

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Winston-Salem Journal

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.

2 months ago

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