Macy’s is evaluating closing its San Francisco Union Square flagship, weighing the real estate value of the property against the potential for future sales growth at the store, a person familiar with the matter told Reuters. Macy's evaluation of the location is part of a new turnaround strategy announced by the retailer on Tuesday in an earnings call with investors. The department-store chain outlined plans to shutter an additional 150 underperforming Macy’s stores in the U.S. through 2026.
NEW YORK, Feb. 27 (Xinhua) In a move to streamline operations and focus on its core business, U.S. department store chain Macy's on Tuesday announced a strategic plan dubbed "A Bold New Chapter."
Macy's to close 150 stores, but plans for six CT stores unclear thehour.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehour.com Daily Mail and Mail on Sunday newspapers.
Macy's mulls closing San Francisco flagship amid plans to shutter 150 stores aol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aol.com Daily Mail and Mail on Sunday newspapers.
Macy's mulls closing San Francisco flagship amid plans to shutter 150 stores saltwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from saltwire.com Daily Mail and Mail on Sunday newspapers.