Macy's will close about 150 department stores, but open new locations of better performing chains

Macy's plans to close its namesake stores and open new Bloomingdale's and Bluemercury locations reflect what's working at the retailer.

Macy's posts another quarter of falling sales as it unveils strategy to get back to growth

CNBC's Courtney Reagan joins 'Squawk Box' to break down the company's quarterly earnings results.

Macy's Is Closing 150 Stores Over The Next 3 Years

Macy's on Tuesday announced plans to shutter 150 stores and expand its Bloomingdale's and Bluemercury chains, part of the retailer's plans to revitalize its fortunes and usher in “a bold new chapte...

Macy's Q4 earnings: future outlook disappoints

Macy's Inc is trading down in premarket on Tuesday even though it reported better-than-expected earnings for its fourth quarter.  This is a developing story.

Macy's forecasts annual sales below estimates, to shutter 150 stores

Macy's forecast annual sales largely below market expectations on Tuesday on weak demand for its apparel and shoes, and said it would close 150 stores through 2026 as part of its new turnaround plan.

Macy's posts another quarter of falling sales as it unveils strategy to get back to growth

The 166-year-old department store operator got a new CEO earlier this month.

Macy's to Close 150 Stores in Strategic Pivot

The move will help the company monetize up to $750 million of real estate assets through 2026.

Macy's stock dividend increase won't help the stock much, says Jim Cramer

'Mad Money' host Jim Cramer looks ahead to next week's market game plan.

Seeking Clues to Macy's (M) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics

Besides Wall Street's top -and-bottom-line estimates for Macy's (M), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the qua...

Macy's (M) Suffers a Larger Drop Than the General Market: Key Insights

In the most recent trading session, Macy's (M) closed at $19.26, indicating a -1.03% shift from the previous trading day.

Arkhouse's Kahane: Willing to Increase Macy's Offer

Arkhouse Managing Partner Gavriel Kahane says Macy's has done an "abysmal job" of realizing its real estate holdings on behalf of shareholders. Speaking on Bloomberg Television, Kahane also says Ar...

Activist Investor Launches Proxy Fight for Macy's

A proxy fight is underway for control of Macy's Inc. (M).

Macy's facing proxy fight as rejected suitors push for board seats

The push for board seats comes as the Bloomingdale's parent struggles with weak demand as customer cut back spending due to elevated inflation and high borrowing costs.

Macy's Responds To Arkhouse Bid For Director Nomination

Macy's has received notice from Arkhouse Management Co. LP (Arkhouse) that it has nominated nine individuals to stand for election to the Macy's Inc. Board of Directors at the Company's annual meet...

Macy's (M) Receives Director Nominations From Arkhouse

Macy's (M) receives director nominations from Arkhouse. Renita Young discusses this as Arkhouse Management nominates nine people to Macy's board.


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