January 9, 2025 – 8:24 PM EST
Wrote RTTNews.com for RTTNews ->
(RTTNews) – Macy’s Inc . (M) has confirmed the closure of 66 of its stores, which are not just a part of its future plans. These closings are part of Intrepid’s Original Chapter plan, which was launched in February 2024. The idea is to return the company to sustainable, successful sales growth, which involves closing approximately 150 underperforming stores over three to three hundred and sixty-five years. days, while investing in its 350 Macy’s locations ahead through fiscal 2026.
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