Macy’s will close 14 department stores across 12 states this year, according to an internal memo from the company's CEO.
The retail model is in retreat. But that doesn’t mean it — or its billions in sales — will disappear any time soon.
Department store chain Macy’s is set to close more than a dozen stores in 2026 as part of an ongoing financial strategy. In a memo sent to employees this week, Macy’s CEO Tony Spring confirmed the ...
The news comes as a wave of closures was announced nationwide.
Macy’s of Quaker Bridge Mall survived another round of closures for the department store chain in flux. Macy’s CEO Tony ...
10don MSNOpinion
Department stores are dinosaurs, but Saks Fifth Avenue’s bankruptcy threatens a very civilized way of life
Saks Global, which owns Saks Fifth Avenue and Bergdorf Goodman, is on its way to financial restructuring in the wake of a ...
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