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Macy's plans to close 50 stores in 2024 and 150 locations in total by 2026. The department store chain will expand Bloomingdale’s and Bluemercury.
The Macy's company logo is seen at the Macy's store on Herald Square on Jan. 19, 2024, in New York City. ... MACY'S TO CLOSE 150 STORES BY 2026, OPEN NEW BLOOMINGDALE'S, BLUEMERCURY LOCATIONS ...
In February 2024, Macy's announced that up to 150 underperforming stores would close by the end of 2026, with 50 stores closing by the end of 2024. Macy's stated that the closing stores only represented 10% of its total sales.
On February 27, 2024, it was announced that Macy's be closing this location as part of a plan to close 150 stores nationwide by the end of 2026. Macy's stated that the location would remain open until the property would be sold to a new owner.
Macy's plans to close 50 stores in 2024 and 150 locations in total by 2026. The department store chain will expand Bloomingdale’s and Bluemercury.
Macy's Herald Square (originally named the R. H. Macy and Company Store) is the flagship of Macy's department store, as well as the Macy's, Inc. corporate headquarters, on Herald Square in Manhattan, New York City. The building's 2.5 million square feet (230,000 m 2 ), [4] which includes 1.25 million square feet (116,000 m 2) of retail space, makes it the largest department store in the United ...
Department store Macy’s said Monday ... The department store operator announced earlier this year that it would close about 150 ... shares of Macy’s had fallen about 5% so far in 2024 for a ...
Macy's is closing 150 stores nationwide as it seeks 'bold new chapter' with greater focus on luxury Rob Wile and Erick Mendoza Updated February 27, 2024 at 12:01 PM Michael M. Santiago