While job cuts dominated headlines in the years following the post-pandemic spending boom, 2024 seemingly saw a slowdown in ...
Macy's said its accelerating the number of stores it plans to close this year as it works to turn around the struggling ...
The store closures are driven by cautious consumer spending due to inflation, higher interest rates and crushing levels of ...
Major retailers are shutting down stores nationwide next year as the companies try to adjust their business operations and ...
The accounting investigation caps off a challenging year for Macy’s. In January, the retailer announced it would lay off 3.5% of its workforce and rejected a $5.8 billion takeover from hedge ...
Macy’s would be more valuable if it just shut down its business and sold everything off for parts. That’s the argument activist investment firm Barington Capital and private equity firm Thor ...
While there are Macy’s stores in Brandon and Citrus Park, the WestShore location was initially seen as the least likely to be ...
Macy’s needs to reignite its creativity by featuring more exciting products in stores and hosting engaging events to attract younger generations back, according to activist investor Barington ...
Macy’s finally released its third-quarter earnings on Wednesday after having to delay it due to a massive accounting scandal caused by one employee. The employee, who no longer works for Macy ...