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The department store chain has announced plans to close approximately 150 stores across the country through 2026, including 50 locations this year alone. Macy's described the stores set to be ...
Macy's Union Square. Coordinates: 37.78702°N 122.40738°W. Signage on oldest part of the store, O'Farrell and Stockton. Macy's Union Square (the location of the Macy's department store chain located on San Francisco 's Union Square) is one of the retailer's largest and oldest locations, long the flagship of Macy's California, then Macy's West.
However, Macy's recently rejected a takeover offer, saying it undervalued the firm. Wall Street's immediate reaction to Tuesday's announcement was negative, with shares trading more than 2% lower ...
On Tuesday, Macy's announced its 2023 earnings, as well as plans to close 150 underperforming locations — including 50 by year-end. The company will be left with roughly 350 locations, or what ...
The Macy's company logo is seen at the Macy's store on Herald Square on January 19, 2024 in New York City. (Michael M. Santiago/Getty Images) (Michael M. Santiago via Getty Images)
The 45 locations were included in a list of previously announced closures as part of the company's turnaround plan.
Macy’s is getting a new, smaller, but more luxurious look designed to turn around the troubled retailer and keep the century-and-a-half old brand relevant to rapidly changing demands from shoppers.
Here's what we know so far about the moves by one of the country's largest department stores. Macy's is closing 150 stores. Here's what we know about Kentucky locations