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Macy's mulls closing San Francisco flagship

Macy's mulls closing San Francisco flagship
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Macy's to close 150 stores as part of plan to boost growth and revitalize brand

Shares of Macy’s were up Tuesday after the department-store chain announced a plan to revitalize its business that includes closing 150 stores and resulted. ....

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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 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. ....

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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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