Macys Closures 2025 Listentoyoutube. Macys Christmas Parade 2024 Doti Kendra In a third-quarter earnings call, Macy's chairman and CEO Tony Spring said the company will close 65 more underperforming stores by the end of January 2025, up from the 55 closures it previously planned by the end of its fiscal year. In this detailed explainer video, we dive into the reasons behind the recent wave of Macy's store closures
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Macy's said last February that it planned to shutter 150 stores by the end of 2026 — about a third of its locations. Macy's has confirmed it is shuttering 66 stores across 22 US states
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On the call, Spring announced total net sales were $4.7 billion, down 2.4% from last year and unchanged from. In all, Macy's will have closed 150 underperforming stores by 2026, cutting the number of locations to 350 when complete Why it matters: The struggling department store chain is getting smaller as it continues to deal with declining sales
2025 Documentaries Kaile Meagan. Macy's has confirmed it is shuttering 66 stores across 22 US states Last year, Macy's announced it was closing 150 underperforming stores.
Macys Christmas Parade 2024 Doti Kendra. In a third-quarter earnings call, Macy's chairman and CEO Tony Spring said the company will close 65 more underperforming stores by the end of January 2025, up from the 55 closures it previously planned by the end of its fiscal year. This decision comes as the department store giant navigates shifting.