Macy's (M) to close approximately 150 underproductive locations through 2026
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/18/2026
- Wall St slips as higher Treasury yields weigh on sentiment
- Oil pares losses as market weighs Saudi supply concerns, Middle East tensions
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
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
