While job cuts dominated headlines in the years following the post-pandemic spending boom, 2024 seemingly saw a slowdown in ...

The store closures are driven by cautious consumer spending due to inflation, higher interest rates and crushing levels of ...

Commissions do not affect our editors' opinions or evaluations. The only stars we see when looking at the Macy’s Credit Card* and its Star Rewards program are the kind you experience when hit ...

After two years of massive layoffs and the promise of more consolidation to come in media and entertainment in 2025, the mood is bleak among executives of a certain age. The pink-slip bloodbath ...

Department store giant Macy's says it will close more locations than it had originally planned. The chain now intends to close 65 stores by the end of January 2025. In a Q3 earning call Thursday ...

Macy's, which launched a comprehensive strategy to revive its struggling business, on Wednesday announced that it is accelerating its planned store closures for the year. CEO Tony Spring told ...

The projection is 15 stores higher than what was reported earlier this year. Macy's Announces Corporate Layoffs And The Closing Of 5 Stores Getty Images The closings were part of a Q3 earnings call ...

Macy’s finally released its third-quarter earnings on Wednesday after having to delay it due to a massive accounting scandal ...

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 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 ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Macy’s has slashed its annual profit outlook after discovering an employee hid more than $150mn in ...