Red Lobster was a standout bankruptcy story in 2024. After the restaurant's 2023 Endless Shrimp fiasco reportedly cost it $11 ...
Macy’s is closing 65 stores in fiscal year 2024 alone, according to the company’s latest quarterly earnings report. The ...
Macy's isn't alone in shuttering brick-and-mortar locations. The retailer's acceleration of store closures comes as department stores struggle, with fewer shoppers visiting malls and more ...
Macy's is accelerating its plan to close underperforming stores by the end of the year. The company plans to shutter 65 stores after the holidays.
Macy's, which launched a comprehensive strategy to revive its struggling business, on Wednesday announced that it is accelerating its planned store closures for the year. CEO Tony Spring told ...
Macy's plans to close dozens of stores after the holidays and Family Dollar was hard hit with hundreds of closures in the U.S ...
According to the company's third quarter earnings report, the department store ... year," said Macy's CEO Tony Spring in the earnings call. "In line with our typical cadence, closures will occur ...