Store closures in the U.S. last year hit the highest level since the pandemic — and even more locations are expected to shutter this year, as shoppers’ dollars increasingly go to a few industry ...
The closures would allow the retailer to prioritize its approximately 350 Macy’s remaining locations, as well as Bloomingdale’s and Bluemercury beauty and skin care stores. The company also ...
The 66 locations include the flagship department stores, its furniture-focused gallery ... to stress its luxury division, where its Bloomingdale’s and Bluemercury brands have been outperforming.
The closures are part of Macy's "Bold New Chapter" strategy, which was announced in February 2024. The reorganization, the company revealed at the time, involved closing 150 stores nationwide within ...
Macy's, which also owns Bloomingdales and Bluemercury ... For Macy's Backstage stores and Macy's Furniture Galleries, clearance sales will begin in February and will run for about six weeks.
Meanwhile, it will invest in 350 existing stores, as well as its luxury brands Bloomingdale’s and Bluemercury. OAKLAND, Calif. - Macy's is closing more than 60 stores this year as part of a ...