Macy's Is Shutting Down Even More Stores This Year Than ... - MSN
WEBMacy’s is the latest department store to announce more closures than what was expected before. Previously, the chain announced that it would be closing 50 stores by the end of 2024, according to ...
Macy’s rejected a takeover offer and is betting on itself
WEBJul 15, 2024 · Macy’s board of directors voted unanimously to end discussions with Arkhouse Management and Brigade Capital Management over the investors’ offers to acquire the chain.
Macy’s, Inc. Announces “A Bold New Chapter” – Challenging the …
WEBFeb 27, 2024 · Macy's, Inc. unveils A Bold New Chapter, a plan to revitalize the Macy's nameplate, accelerate luxury growth, and simplify and modernize operations. The strategy includes closing 150 underproductive locations, expanding Bloomingdale's and Bluemercury, and improving customer experience and value.
Macy's to close 150 stores and will open new ... - Associated Press News
WEBFeb 27, 2024 · Macy’s will close 150 unproductive namesake stores over the next three years, including 50 by year-end. The company made the announcement Tuesday after posting a fourth-quarter loss and declining sales.
Macy’s Will Close 150 Stores but Expand ... - The New York Times
WEBFeb 27, 2024 · Macy’s said on Tuesday that it would vastly reshape its strategy and retail footprint, closing about 150 Macy’s stores over the next three years while expanding its upscale Bloomingdale’s and...
Macy's will close 150 stores, open new Bloomingdale's, Bluemercury
WEBFeb 27, 2024 · Macy's announced its new growth strategy, which includes shutting down underperforming namesake stores and investing in its higher-end department store Bloomingdale's. The retailer plans to...
Macy's ends buyout talks with Arkhouse and Brigade - CNBC
WEBJul 15, 2024 · Department store Macy’s said Monday its board has unanimously decided to end negotiations with the activist group that had been looking to take the retailer private for roughly $6.9 billion....
Macy's proxy fight is over, but the battle for the department …
WEBApr 13, 2024 · Macy's and activist investor Arkhouse settled a proxy fight this week, adding two independent directors to the retailer's board. Arkhouse and Brigade are still pursuing a bid to acquire...
Macy's earnings beat the Street’s low expectations, retailer plans …
WEBFeb 27, 2024 · Macy's reported revenue and EPS above Wall Street's low estimates, but same-store sales declined 6% as consumers pulled back on discretionary goods. The retailer unveiled a growth strategy for...
Macy's is closing 150 stores nationwide - NBC News
WEBFeb 27, 2024 · Macy's plans to close approximately 150 stores nationwide as part of a massive reorganization that will see it pivot to a greater focus on luxury sales.
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