Macy Stores Closing 2024 In. Macy's, an anchor of so many shopping malls, plans to close 150 department stores in a bid to reinvigorate sales and shift its public image more toward luxury goods. Macy's is closing five stores and trimming its workforce by 3.5%, the retailer confirmed to axios thursday.
Bosses announced earlier his week that sales were down as. Throughout the 2024 third quarter, the company reported net sales of $4.7 billion, a decrease of 2.4% compared to 2023 third quarter sales.
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