Retail giants Kohl's and Macy's will close 27 and 66 underperforming stores across the U.S. in 2025, respectively.
The striking numbers reflect the stark divide between retailers that ... such as drugstores Walgreens and CVS and legacy ...
The closures, which follow a 2024 surge in the number of shuttered stores ... investing in its 350 go-forward Macy's locations through fiscal 2026," the store said in a news release on Thursday.
The chain had previously said it would close 50 stores by February, the end of its fiscal year, but it upped the number. Last year, Macy’s said it would close 150 unproductive stores over the ...
A new report predicts this year will only get worse for the already-struggling retail sector, with the number of location ...
Over 200 Macy's employees will lose jobs as a result of the upcoming Lakeside Mall and Oakland Mall store closings.
Macy's has announced it will close an Arizona location as part of a plan to close 66 locations nationwide. Here's which ...
Officials from Macy's confirmed plans to close around 150 locations. The company announced it's entering a "Bold New Chapter.
In 2018, other anchor stores Bergner’s and Sears closed ... and prioritize investments in our go-forward stores." Macy's joins a number of other big retail chains closing locations nationwide.
The number of jobs at the affected store was not immediately available. In December, Macy’s reported that its third-quarter net sales decreased 2.4% to $4.7 billion, following a trend of ...