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Macy's Bold New Chapter: Analyzing the Strategic Imperative Behind 150 Store Closures and a Reshaped Retail Future
Bold New Chapter Overview: Announced in February 2024, Macy’s strategy targets closing around 150 underproductive stores by fiscal 2026 (January 2027) to redirect resources toward sustainable growth.
NEW YORK -- Veteran department-store chain Macy's is laying off about 3.5% of its workforce, or roughly 2,350 employees, and closing five stores as it continues to shrink its massive retail business ...
At the well-appointed Macy’s in the upscale Topanga Westfield mall in Los Angeles in June 2024, Spring walked the brand’s ...
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