The department store has been an American staple for over 150 years, since it was founded in 1858 by Rowland Hussey Macy. The ...

Macy’s announced in its fourth-quarter and fiscal-year 2024 earnings report on Thursday that it expects another year of declining sales as the department store chain continues reshaping its footprint ...

Macy's in January named 66 of the 150 stores it is planning to close as part of its revitalization plan, and some stores on the list appear to have already closed or be closing soon. The retailer ...

Two of America's largest department stores announced plans this year to shutter locations across the country. The result for consumers: Some communities will be losing both Kohl's and Macy's stores ...

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.

Brick and mortar sales have taken an irrecoverable knock since the COVID-19 pandemic and its subsequent lockdown which then led to a seemingly permanent preference for online shopping. Macy’s, the ...

Macy's delivered another quarter of mixed results on Thursday as investors wait and see how quickly CEO Tony Spring can pull off a turnaround of the business with yet another activist investor looking ...

The company first announced the closures in January. Dozens of Macy's stores nationwide are shutting their doors months after the chain announced a slew of closings earlier this year. Over 60 Macy's ...

Retail chains are closing locations all over the place. Just recently, Joann went out of business completely, Big Lots closed most locations in bankruptcy, and Kohl’s closed over two dozen stores last ...

America's department stores are trying to stay relevant in a new era of consumer behavior. As consumer preferences have shifted to low-price convenience players like Amazon (AMZN), Walmart (WMT), TJX ...

Sales rise at the 125 stores in Macy's 'Reimagine' network, as well as Bluemercury and Bloomingdale's locations. Macy's turned in its first positive quarter of same-store sales in about three years.

Macy’s Inc. Chief Executive Officer Tony Spring said he looks to an unexpected competitor as he works to turn around the department store operator: Costco Wholesale Corp.