Product that tells our story
Department store chain Macy’s is set to shutter 14 store locations around the country, two of which are in California. The chain — which was founded in 1858 — is coming off a 2025 where they shuttered 66 stores, including one in Los Angeles. The company announced in 2024 that they would close 150 underperforming […]
A person exits the Macys Flagship store in New York City on January 14, 2025. Macy’s declined 2.4% to $4.7 billion during the third quarter of their Overall sales which ended Nov. 2, 2024, giving as result that 66 of the approximately 150 locations of the company will close by 2026, Closing any store is […]
Macy’s needs to reignite its creativity by featuring more exciting products in stores and hosting engaging events to attract younger generations back, according to activist investor Barington Capital. Those are just two of several changes the activist investor says are necessary to turn around Macy’s, which once established itself as a premier department store but […]
