Reported about 6 hours ago
Macy's is set to close 66 poorly performing locations across the U.S. in 2025 as part of its restructuring plan, 'Bold New Chapter.' The company has faced significant challenges over the years, leading to consistent declines in net sales. Despite controversial strategies focusing on high-end brands and reducing its store count, Macy's aims to enhance customer satisfaction and sales, though its net sales remain down.
Source: YAHOO