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2024-02-27T15:54:01.874Z
Highlights: Macy's closes 150 stores, bets on Bloomingdale's. New CEO Tony Spring decided this in an attempt to maintain profitability and sweep away possible acquisitions. For Macy's, this is the second largest cut since 2020: the giant remains with 350 department stores, half of those before the pandemic. Reproduction reserved © Copyright ANSA. All rights reserved. Macy's announces the closure of 150 stores over the next three years and the expansion of its Bloomingdale’s and Bluemercury luxury chains.
Macy's announces the closure of 150 stores over the next three years and the expansion of its Bloomingdale's and Bluemercury luxury chains. (HANDLE)
Macy's announces the closure of 150 stores over the next three years and the expansion of its Bloomingdale's and Bluemercury luxury chains.
The new CEO Tony Spring decided this in an attempt to maintain profitability and sweep away possible acquisitions.
For Macy's, this is the second largest cut since 2020: the giant remains with 350 department stores, half of those before the pandemic.
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