Macy's (M) to close approximately 150 underproductive locations through 2026
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Macy’s, Inc. Announces “A Bold New Chapter” – Challenging the Status Quo to Fundamentally Reposition the Company, Enhance the Customer Experience, Deliver Growth and Unlock Shareholder Value
February 27, 2024 6:55 AM ESTStrengthens the Macys Nameplate, Accelerates Luxury Growth and Simplifies and Modernizes End-to-End Operations
Focuses Macy's resources by closing approximately 150 underproductive locations through 2026
Prioritizes Macys investments in approximately 350 go-forward locations
Expands Bloomingdales and Bluemercury footprint by up to 45 locations through 2026
Monetizes $600-$750 million of assets through 2026
NEW YORK--(BUSINESS WIRE)-- Macys, Inc. (NYSE: M) today announces its new strategy, A Bold New Chapter, designed to... More
