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Macy’s to close 150 stores in new turnaround effort, forecasts weak 2024 sales

Video Credit: Rumble - Duration: 01:44s - Published
Macy’s to close 150 stores in new turnaround effort, forecasts weak 2024 sales

Macy’s to close 150 stores in new turnaround effort, forecasts weak 2024 sales

On Tuesday, Macy’s projected annual sales and profits below expectations, announcing plans to close approximately 150 stores by 2026 as part of a new strategy to achieve $100 million in cost savings this year.


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Macy's forecasts annual sales below estimates, to shutter 150 stores

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Macy’s to Close 150 Stores Nationwide [Video]

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Macy’s , to Close 150 Stores, Nationwide. NBC News reports that the retailer announced a “bold new chapter” as part of a massive reorganization plan. . This plan includes..

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