NEW YORK -- Veteran department-store chain Macy's is laying off about 3.5% of its workforce, or roughly 2,350 employees, and closing five stores as it continues to shrink its massive retail business ...

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 renewed focus on efficiency and speed responds to e-commerce giants like Amazon ( AMZN ), which have reshaped consumer ...

NEW YORK -- Macy's announced Tuesday it will close 125 stores and cut 2,000 corporate jobs as the company tries to stabilize profitability and allow for future growth. "We have a clear vision of where ...

NEW YORK – With comp gains at each of Macy’s Inc.’s retail divisions, the company delivered a second quarter of better-than-expected results. Total company sales – which include the impact of previous ...

According to Newsweek, citing Coresight Research and Time Out, the U.S. saw 7,325 store closures in 2024. This year, the ...

It is no secret anymore that retail stores are involved in a life or death struggle. The Coronavirus pandemic created an ...

NEW YORK--(BUSINESS WIRE)--Macy's announces the launch of Arch Studio, a new private brand for accessible home essentials, making it easy for customers to outfit their entire home. Arch Studio offers ...