Given the challenging environment, there have been clear winners and losers. Research and data firm Coresight Research tabulated 7,327 store closures last year, nearly 58% more than in 2023. And it ...
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We believe Macy’s is struggling to stay relevant as consumers have many choices. The firm recently announced the closure of about 150 of its lower-performing stores over the next three years as part ...
Macy's CEO Tony Spring, who is trying to turn around the company, wants to prove to the public markets that its three-brand ...
According to a recent McKinsey & Company survey, 7 out of 10 fashion leaders cited consumer confidence and the appetite to ...
Those of us adhering to frugal budgets may feel excluded when we're getting inundated with ads for luxury items. Even if they ...
Retailers like Lululemon, Abercrombie & Fitch, and American Eagle saw increased holiday-quarter sales due to cost-conscious ...
Department store chain Macy's plans to shutter a store in the Phoenix metro as part of a broader plan to close 66 retail locations around the country.
The closures are part of Macy's "Bold New Chapter" strategy, which was announced in February 2024. The reorganization, the ...
The Macy's at the Boynton Beach Mall is one of the 66 stores nationwide that Macy's announced Thursday it would be closing.