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See the list of companies letting workers go in 2025. Layoffs and other ... The company's board appointed Ashley Buchanan, a retail veteran who had held top jobs in The Michaels Companies, Macy's ...
Macy’s is closing more than five dozen store locations across the United States as part of the company's ongoing reorganization strategy.. The retailer confirmed Jan. 9 that it was shuttering 66 ...
Macy’s has announced it is cutting 2,350 jobs and closing five stores across the U.S. The news was shared via a staff memo, per reports. Credit - Jonathan Wiggs/The Boston Globe—Getty Images
On February 27, 2024, Macy's announced that it would be shuttering 150 locations by 2026, roughly 30% of its total store amount, to focus on small-format stores and an expansion of both Bloomingdale's and Bluemercury. 50 locations were initially set to close in 2024 alone, and the iconic flagship location in San Francisco's Union Square was ...
A List of Macy's 2025 Store Closings. Here is a list of the Macy's stores facing closure this year. Note: This list will be updated as more store closures are officially announced.
NEW YORK (AP) — Retail layoffs are hitting especially hard this week. Online furniture seller Wayfair is cutting about 1,650 jobs, or 13% of its global workforce. Macy’s is laying off about 3. ...
Most layoffs happened on the three days ending February 14, with columnist Michael Thomas Embrich of Rolling Stone terming it a "Valentine's Day Massacre." [5] The mass layoffs have been described as unfair, a purge, [6] and creating "risks for Americans and allies nationwide." [4] Lawsuits have been filed stating the layoffs are illegal. In ...
Macy’s on Thursday said it will cut about 3.5% of its workforce and close five of its namesake mall locations as the legacy department store moves to trim costs and turn around slowing sales.