Macy’s to close 150 stores but expand Bloomingdale’s and Bluemercury luxury stores
Department store operator Macy’s said on Tuesday it would close 150 non-productive namesake stores over the next three years, including 50 by the end of the year, after reporting fourth-quarter losses and falling sales. Iconic but troubled American department store Macy’s announced on February 27, 2024, that it plans to close nearly one-third of its … Read more