Macy'S Stores Closing In 2024. The company is closing 150 underperforming stores — 50 by the end of 2024 and the other 100 over the next few years. Macy's plans to close 150 stores over the next three years and 50 by the end of 2024, the department store said tuesday.
After years of sluggish sales. Macy’s on thursday announced a round of layoffs and store closings as the company cuts down 3.5% of its overall workforce to trim costs and redirect spending.
Macy's Plans To Close 150 Stores Over The Next Three Years And 50 By The End Of 2024, The Department Store Said Tuesday.
The macy’s stores set to close account for less than 10% of its sales, the company said.
The 150 Stores To Be Closed By The End Of 2026 Account For Less Than 10% Of Macy’s Total Sales, According To The Company.
Macy’s is closing five stores and trimming its workforce by 3.5%, the retailer confirmed to axios thursday.
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After Shutting Down A Handful Of Stores In 2023, Macy’s Has More Closures Planned For This Year.
Fifty stores will close in 2024 with another 100 will be closed by the end of 2025.
Macy's Is Closing Five Stores And Trimming Its Workforce By 3.5%, The Retailer Confirmed To Axios Thursday.
Macy’s today announced that it will close 150 stores after a disappointing holiday quarter.