"We’ve concluded our investigation and are strengthening our existing controls and implementing additional changes designed ...
The chain now intends to close 65 stores by the end of January 2025. In a Q3 earning call Thursday, Macy's CEO Tony Spring announced the company would close 15 more locations than its previous ...
Macy's is accelerating its plan to close underperforming stores by the end of the year. The company plans to shutter 65 stores after the holidays.
A spokesperson for Macy’s did not immediately respond to a request for comment. The move comes as part of CEO Tony Spring’s plan announced in February to shrink the department store’s retail footprint ...
"We now expect to close roughly 65 locations this year," said Macy's CEO Tony Spring in the earnings call. "In line with our ...
Macy's announced it would close 150 of its "underproductive" stores by 2026 while prioritizing 350 "go-forward" locations.
"We now expect to close roughly 65 locations this year," said Macy's CEO Tony Spring in the earnings call. "In line with our ...
Macy’s said an investigation into accounting problems found that a rogue employee hid more than $151 million in expenses to cover up a bookkeeping mistake and wasn’t motivated by personal or ...
Macy’s is set to close 65 stores by the end of January 2025, more than were previously planned. Fast Company reports Macy’s CEO Tony Spring announced Thursday that the company originally ...
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 ...
Macy's provided an update on the former employee who was responsible for hiding approximately $151 million of cumulative delivery expenses over the past three years. On Wednesday, Macy's CEO ...
Macy's is closing more stores than it originally announced earlier this year. According to the company's third quarter earnings report, the department store chain is expected to close 65 locations ...