Macy's will close 150 unproductive namesake stores over the next three years including 50 by year-end.

Macy’s stock fell 8% early Wednesday after the department-store chain missed sales and same-store sales estimates for its fiscal second quarter and lowered its full-year guidance, citing a still ...

Macy’s gave its fourth-quarter update just days after announcing a slate of store closures.

Macy’s will close 150 unproductive namesake stores over the next three years including 50 by year-end, the department store operator said Tuesday after posting a fourth-quarter loss and decli… ...

Macy's is attempting to restore modest sales growth in future years by closing underperforming stores and rolling out its new initiatives on more of the go-forward stores.

Macy's announced plans to close 150 underperforming namesake stores within the next three years, including 50 by the end of 2024, following a fourth-quarter loss and declining sales.

Macy’s profit and sales slumped in the third quarter with many customers of the department store chain continuing to divert spending to basics like groceries as they deal with broadly higher prices.

Macy’s stores on the chopping block weigh on holiday sales Thanks to revamped locations and gains at Bloomingdale’s and Bluemercury, though, the department store continues its turnaround with ...

Macy’s is in the midst of an aggressive strategy to close underperforming stores and invest in better performing locations as it looks to reverse sales slump.

Macy's beat quarterly earnings expectations but it cut its sales forecast for the full year. The company is trying to turn around its business as it closes about 150 namesake stores.

Macy’s profit and sales declined in the third quarter as the department store chain wrestled with cautious spending amid still high inflation on necessities, increased promotions among rivals ...