Macy's to close 14 stores as part of turnaround strategy: See the list [FOX Business Network]
Macy's Inc (M)
Last macy's inc earnings: 2/25 06:55 am
Check Earnings Report
US:NYSE Investor Relations:
macysinc.com/ir
Company Research
Source: FOX Business Network
Macy's announced that it's closing more than a dozen additional stores in 2026 as it pushes forward with plans to shutter underperforming locations to boost profitability Approximately 14 stores are slated to close during the first fiscal quarter as part of its "Bold New Chapter" turnaround strategy, which includes shuttering about 150 underperforming locations by the end of 2026. Macy's CEO Tony Spring said in a letter to employees last week that the company will continue to review its portfolio, which includes continuing to close underprodcutive stores and streamlining operations. Macy's, once a leading department store, was forced to implement a strategy that included shuttering about 150 stores by the end of 2026, to return it to "sustainable, profitable sales." However, in recent years, Macy's had long been struggling to keep up with rapid industry changes and relentless competition, and its sales started to lag. While the company is continuing to shutter certain store
Show less
Read more
Impact Snapshot
Event Time:
M
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
M alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
M alerts
High impacting Macy's Inc news events
Weekly update
A roundup of the hottest topics
M
News
- Saks Fifth Avenue Owner Files For Bankruptcy Protection: Here's What To Know [Yahoo! Finance]Yahoo! Finance
- Why Macy's Stock Crushed it in 2025 [Yahoo! Finance]Yahoo! Finance
- Saks seeks bankruptcy protection, overwhelmed by debt [Los Angeles Times (CA)]Los Angeles Times
- Tracy's West Valley Mall faces major blow with Macy's closure [CBS News]CBS News
- Luxury retailer Saks seeks bankruptcy protection overwhelmed by debt [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
M
Earnings
- 12/3/25 - Beat
M
Sec Filings
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- M's page on the SEC website