Macy's (M) to close approximately 150 underproductive locations through 2026
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
Macy’s, Inc. Announces “A Bold New Chapter” – Challenging the Status Quo to Fundamentally Reposition the Company, Enhance the Customer Experience, Deliver Growth and Unlock Shareholder Value
February 27, 2024 6:55 AM ESTStrengthens the Macys Nameplate, Accelerates Luxury Growth and Simplifies and Modernizes End-to-End Operations
Focuses Macy's resources by closing approximately 150 underproductive locations through 2026
Prioritizes Macys investments in approximately 350 go-forward locations
Expands Bloomingdales and Bluemercury footprint by up to 45 locations through 2026
Monetizes $600-$750 million of assets through 2026
NEW YORK--(BUSINESS WIRE)-- Macys, Inc. (NYSE: M) today announces its new strategy, A Bold New Chapter, designed to... More
