The iconic department store chain closes three warehouse facilities and lays off over 1,000 workers.
The popular discount department store chain began the year closing two locations.
The retail model is in retreat. But that doesn’t mean it — or its billions in sales — will disappear any time soon.
Department store chain Macy’s is set to close more than a dozen stores in 2026 as part of an ongoing financial strategy. In a ...
The news comes as a wave of closures was announced nationwide.
Macy's announced 14 more store closures as part of its "Bold New Chapter" turnaround strategy aimed at boosting profitability ...
Macy’s has revealed the latest stores slated for closure as part of its ongoing efforts to reallocate resources and strengthen the brand.
5don MSNOpinion
Department stores are dinosaurs, but Saks Fifth Avenue’s bankruptcy threatens a very civilized way of life
Saks Global, which owns Saks Fifth Avenue and Bergdorf Goodman, is on its way to financial restructuring in the wake of a ...
Saks Global has secured roughly $1.75 billion in financing, the New York company said as filed for Chapter 11 bankruptcy ...
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