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Macy s mulls closing San Francisco flagship amid plans to shutter 150 stores

Macy s mulls closing San Francisco flagship amid plans to shutter 150 stores
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Macy s mulls closing San Francisco flagship amid plans to shutter 150 stores

Macy s mulls closing San Francisco flagship amid plans to shutter 150 stores
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Macy s mulls closing San Francisco flagship amid plans to shutter 150 stores | U S & World

Macy s mulls closing San Francisco flagship amid plans to shutter 150 stores | U S & World
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San franciscoUnited statesNew yorkAaron peskinAdrian mitchellMatthew lewisJuveria tabassumLondon breedUnion squareSan francisco union squareSan francisco boardSan francisco chronicleFrancisco mayor london breedFarrell streetChief financial officer adrian mitchellKatherine masters

Macy s mulls closing San Francisco flagship amid plans to shutter 150 stores

Macy s mulls closing San Francisco flagship amid plans to shutter 150 stores
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Macy s mulls closing San Francisco flagship amid plans to shutter 150 stores

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 yorkUnited statesSan franciscoLondon breedMatthew lewisJuveria tabassumAdrian mitchellAaron peskinSan francisco union squareUnion squareSan francisco boardSan francisco chronicleFrancisco mayor london breedFarrell streetChief financial officer adrian mitchellKatherine masters