Macy's to close more stores as part of department store chain's plan to shutter 125 locations in three years [USA TODAY]
Macy's Inc (M)
Last macy's inc earnings: 2/25 06:55 am
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Source: USA TODAY
CLOSEFrom J.C. Penney to Victoria's Secret, here are 8 retailers who will either make it or break it in 2021.USA TODAYCONNECTTWEETLINKEDINEMAILMOREForty-five Macy's stores are expected to close by the middle of the year,CNBCA list of closing stores was not disclosed Tuesday and will be available Wednesday, Macy's officials told USA TODAY.The department store chain announced in February 2020 that it planned to cut 2,000 jobs andclose one-fifth of its stores or roughly 125 locationsclosed approximately 30 stores"As previously announced, Macy’s, Inc. is committed to rightsizing our store fleet by concentrating our existing retail locations in desirable and well-trafficked A and B malls," Macy's said in a statement to USA TODAY Tuesday. "To that end, we announced several store closures today that align to the guidance we provided in February 2020. These closures bring us closer to achieving the right mix of mall-based stores."Coronavirus effect:Mask protests continue as coronavirus cases
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M
Earnings
- 2/27/24 - Beat
M
Sec Filings
- 4/19/24 - Form 3
- 4/19/24 - Form 3
- 4/19/24 - Form 3
- M's page on the SEC website