Macy’s

Macy's CEO Tony Spring, who is trying to turn around the company, wants to prove to the public markets that its three-brand portfolio has more value than what it is showing today.

Macy’s on Thursday named 66 stores it plans to shutter this year through its "Bold New Chapter" initiative. The locations are spread across 22 states.

Macy's needs to change its thinking in order to drive younger customers back to its brick-and-mortar stores, according to activist investor Barrington Capital.

Macy's said its accelerating the number of stores it plans to close this year as it works to turn around the struggling business. It is aiming to close 150 stores in three years.

Macy's CEO Tony Spring provided a fresh update on the rogue employee who hid $151 million in delivery expenses since 2021 and disclosed the individual is no longer with the company.

Macy’s faces calls from a pair of activist investors to make a slew of changes at the department store chain. The activist investors are Barington Capital Group and Thor Equities.

Macy's says it will push back its third-quarter earnings report after discovering an employee "intentionally" hid as much as $154 million in shipping expenses.

Minnie Mouse will join the Macy's Thanksgiving Day Parade as a balloon for the first time this November as the annual holiday tradition celebrates its 100th year.

Retail giant Macy’s revealed on Monday it will stop engaging in talks with Arkhouse Management and Brigade Capital Management about a potential acquisition.

Arkhouse Management and Brigade Capital Management sent a bigger buyout offer to Macy’s over the weekend — to the tune of $24 per share they don't own. Their prior one was $21.

Multiple employees of the iconic Macy's location in Union Square, San Francisco said the store will eventually close due to frequent shoplifting.

Macy’s could potentially shutter the Macy’s department store it operates in San Francisco’s Union Square area, according to local media reports.

Macy's will close 150 stores by the end of 2026 as it cuts out underperforming locations, the company announced Tuesday.

Macy's rejected a $5.8 billion bid from Arkhouse Management Co. LP and partner Brigade Capital Management LP to acquire all outstanding shares of Macy's.

Macy’s has plans for a handful of locations to permanently close up their shops. The five closures come as part of a move that will also include the retailer axing about 2,350 jobs.

Macy's is planning to cut 2,350 jobs and close five stores, The Wall Street Journal reported on Thursday, as the company moves to embrace more technology.

Famed retailer Macy's is the focus of a $5.8 billion buyout bid launched by Arkhouse Management and Brigade Capital, according to a report by the Wall Street Journal.

Major retailers already started gearing up for the holiday season by announcing hiring plans. The companies are trying to ensure there is a robust workforce to handle the rush.

Macy's is building upon its small-store expansion plans. The company, which has been repositioning its portfolio, will triple the number of small-format locations through 2025.

As part of this year's holiday hiring blitz, Amazon is seeking to fill 250,000 seasonal workers. Last year, the company only sought to hire 150,000 workers.