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Same-store sales climbed 1.9% at the 50 locations that Macy's is prioritizing. The company expects fourth quarter net sales to come in between $7.8 billion and $8 billion, compared to $8.12 ...
Macy's has been struggling with flagging sales as consumers increasingly turn from physical retail to e-commerce. In Q2, its sales dropped 3.8% to $4.9 billion while same-store sales declined 4% ...
The department store chain made the update public in its third quarter earnings call Wednesday. "We now expect to close roughly 65 locations this year," Macy's CEO Tony Spring said on the call.
Though many stores haven’t revealed their 2024 Black Friday sales yet, ... Macy’s. Average 2023 savings ... this department store offered an average discount of 59%.
Macy’s and other department stores, such as Kohl’s, Nordstrom and JCPenney, have lost out in recent years to online retailers like Amazon; big box retailers that sell groceries and a range of ...
Department store chains have seen few takers for men's apparel, home decor goods and accessories such as handbags, forcin Macy's forecasts sales hit from steep promotions, uneven demand Skip to ...
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