Companies Closing Down In 2024 – By 2026, Macy’s says it will shut down 150 “underproductive” locations while prioritizing investments in 350 “go-forward” stores. It says it will also close 50 stores by the end of 2024. The statement . There’s good news for shareholders, but bad news for shoppers and employees. Profits and revenue were better than expected. But the company is in the middle of a fight with investors that want to take .
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Companies Closing Down In 2024 Stores Closing Include Amazon, Walmart, and Bed Bath & Beyond in 2023: Macy’s on Tuesday announced plans to close 150 stores by the end of 2026, representing more than 30% of its locations. The big picture: The retailer has been under pressure from activist investors who . Macy’s said it will shut down 150 stores — about 30% of its US namesake chain — as the department-store giant tightens its focus on luxury under a new chief executive. The .
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