Macy’s inching closer to 150 closures after sales plummet at struggling stores – but CEO reveals last minute plan ...Middle East

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MACY’S is facing 150 store closures soon enough as their sales are plummeting, as reported in their Q2 report. However, the CEO of the department store giant has revealed a last-minute plan to save their declining sales. Macy’s is expected to close 55 stores this year due to declining sales Macy’s CEO Tony Spring said that customers are being more picky about where they spend On Wednesday, Macy’s reported another quarterly decline as the department store revealed sales have grown weaker as they research consumer shopping behaviors. Earlier this year, the company was considering closing 150 stores. The chain said they’ll keep the locations open for now – but the brand is inc

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Last updated : 22 August 2024 clock 01:37 AM

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Macy’s inching closer to 150 closures after sales plummet at struggling stores – but CEO reveals last minute plan ...Middle East

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