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Macy's Grapples with Declining Sales, Shutting 150 Underperforming Stores to Step Up Its Luxury Brand

Macy's Grapples with Declining Sales, Shutting 150 Underperforming Stores to Step Up Its Luxury Brand
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Macy's Grapples with Declining Sales, Shutting 150 Underperforming Stores to Step Up Its Luxury Brand

Macy’s plans to focus more on luxury items and intends to open 15 Bloomingdale stores and 30 Bluemercury cosmetics locations, which are higher-end brands. Read more. ....

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Wayfair Laying Off 13% Workforce, Raises Eyebrows After CEO Advices to "Work Longer Hours"

Team sizes are being reduced across the organization, and seniority is being scaled back in specific roles to rebuild and adjust levels throughout this year. Read more. ....

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Macy's Store Closing and Layoffs 2024: Here's the Full List of Locations As Company Reduces Total Workforce to 3.5%

Macy's store closures come as a significant challenge when consumers turn to platforms like Amazon as their first shopping destination. Read more. ....

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