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News Wire / economy

Macy's Plans Significant Store Closures

developing WBFO-FM 88.7 Buffalo, NY New York 5h1h Impact 8
Macy's is planning to close 150 stores as part of a strategic pruning of its retail footprint. The company is focusing on its best-selling items and aims to make shopping more enticing. The closures are expected to impact numerous locations nationwide. Macy's announced plans to close 150 stores across the United States. This decision is part of a broader restructuring effort by the retail company. The specific locations of the closures were not immediately released. The retailer announced the closures on its earnings call. The department store chain is undergoing a process of restructuring. Analysts are reviewing the economic and cultural implications of these closures. Malls are adapting to remain destinations by incorporating elements like pickleball courts and grocery stores. The retail sector is experiencing shifts, with consumers reportedly pulling back on spending.

Topics

retail strategy store closures sales performance

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Sources · 7 independent

WBFO-FM 88.7 Buffalo, NY

“Macy's is pruning back It's in Closing a hundred and fifty Yeah What sells b Last quarter Sales at mid tier Macy stores We're up less than two percent”

WFAE 90.7 Charlotte, NC

“Macy's is prud is pruning back It It's in the With Up more Ten percent l percent last quarter Yeah Dear Macy' Macy stores less than two percent”

WPLN AM 1430 Nashville Public Radio, TN

“the Closing a hund And fifty stores Focusing on What sells best Ye From dresses are Yeah Uh Furniture is out”

WPLN FM 90.3 Nashville Public Radio, TN

“has learned Bigger Always bet Macy's in Is pruning It's in the process of Closing one hundred And Hawkman says It's refoc What sells best From D Oh Uh furniture is Also in High end remote High end retail Yeah”

WBAA News On AM 920 - West Lafayette, IN

“Macy Yeah But the retailer do Retailer does Turning things aro Stephen Steve Hockman is a Hawkman is a Garo To amplify Yeah Counterintu Uh Prune back Macy's is pr It's in the company's port Same store sal”

WFPL 89.3 News Louisville, KY

“Up less than two percent Yeah Simeon Siegel Senior management It's competition Yeah The retail sector Yeah If consumers Pull back on spend Yeah Isn't su Keep choos Using Macy Macy's Yeah Um looking out over the next six mont Six months Oh Who still looked Gives it back Here' Here's something new Yeah So ye So yeah maybe he's a little bi But”

WPLN AM 1430 Nashville Public Radio, TN

“Yeah If consumers pull back on spend shopping centers And mall traff Is up I'm always gonna be a fail the department store Michael is Lisicki has So ye Yeah A little biased But He says shopping Exciting aga With new restaurants and pic And grocery stores I think there' shop Stop and pla and play for a wh a while Yeah I'm Kristen Schw”

WPLN FM 90.3 Nashville Public Radio, TN

“Mac Macy's It' An anchor store And pickle Pickleball co And grocery stores think there's some h But you can't just in a couple Bucks these da Expect that to be a dest Enticing enough Past the herd The hurdle of the Parking lot And eat shop and play for a wh Yeah Mm hmm Oh no Mm hmm Yeah”

Focus 103.6

“Yeah the portion Δεν προσέχουν καθ μεγαβόλου Yeah”

WBEZ 91.5 Chicago Public Radio

“Macy's has lear Yeah Prune back Macy's isn Pruning back It's Closing one Hundred and fifty Yeah Hawkman says Sells best From dresses Yeah”

Radio 24 il sole 24 ore

“Bedoot Yeah grande retro Red Trump Normal Uno kill Che figura то ізраїля”

REPLAY NEWS - English News radio every 5 minutes

“Macy's announced plans to close approximately 150 stores as part of a strategic restructuring.”

REPLAY NEWS - English News radio every 5 minutes

“Why Men who wish to Maximize their ch Having a child Recommended to Yeah Love Yeah Love Yeah Oh Mm hmm Yeah Репли Replay news”

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Bloomberg Radio

“Macy's plans to close 150 stores.”

Bloomberg Radio

“The closures are part of a restructuring effort.”

WBBR 1130 "Bloomberg Radio" New York, NY

“With eighty four point fo Voting power I PO And J C O J Jamie Diamond is plan Next week with the With clients Yeah”

WNYC-FM 93.9 New York Public Radio

“Amplify Ye The counterintu Uh to gro Grow sometimes Prune back Macy's is pruning back It's in the process Bloomingdale's With St Store sales up”

Bloomberg Radio

“Macy's is pruning back It's in the process Bloomingdale's With St Store sales up”

WNYC-FM 93.9 New York Public Radio

“Macy's is perfect Hundred and fifty Same store sale Uh ten percent last Macy stores.”

WNYC-FM 93.9 New York Public Radio

“Hundred and fifty Same store sale Uh ten percent last Macy stores.”

Business News Network Audio Channel

“a pleasure Thanks so much for com Thanks Апнет Next TDS T D Asset Manag Michael Craig and Kevin H Hepner of T TD Epic”

Focus 103.6

“Even Yeah Uh Um Capaz Что реально Yeah Fiscar”

Bloomberg 960

“The hitters are doing Yeah We got plan A on Yeah And then pla The hitters are And how So We know Um”

Bloomberg AM New York, NY

“Uh Actually was a Strategic materi There is somet Naval stores Yeah The British called them Yeah To use for what you Yeah Masts and”

Bloomberg 99.1/105.7 HD2

“that material Yeah To the Dockyard Ye Yeah that's a gre Strategic materi naval stores Yeah The British Which was uh Pitch from pine Ye”

Houston Public Media News 88.7

“Macy's has Yeah That bigger is Isn' Always better Stephen Uh to grow You actually have prune back Macy's isn It's in the process Closing a hundred and”

NPR Illinois

“Closing a hundred and fifty Yeah Hawkman says Sells best Yes From dresses Yeah Uh Out of Also in You in high end And retail Thomas Macy's grow Growth is Working in and is very encouraging Relative to its”

NPR Illinois

“Grocery stores There's some But you can't just Starbucks Expect that to be a That to be your dest Malls have to That's enticing Past the hurd The hurdle of And Oh no Yeah Mm hmm Yeah We're at the”

GB News

“So yeah you must I guess if you If you're И вот все Your page Ever Until”

WFYI 90.1 Indianapolis, IN

“Choosing Macy Macy's And so the next six mont Six months Oh Who still look Gives it back Here's something may”

WKNO-HD2 Memphis, TN

“tier Dear Macy' Macy stores Yeah The retail sec Yeah If consumer Pull back on sp Yeah Siegel isn't Choosing Macy Macy's And so the next six mont Six months Oh Who still look Gives it back Here's something may”

BFM Business

“c'est comme ça qu' Et pas Un grand plan Uh On a un petit peu pe Voilà Okay Je pense que les terreaux favorable Uh”

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