Macy’s store closures update: Doomed locations will shutter over a longer timeline than previously planned
Your local Macy’s might not be closing its doors as soon as previously expected. Most Read from Fast Company On Wednesday, the department store chain confirmed a major change involving a previously announced plan to permanently shutter 150 stores. In an earnings call, CEO Tony Spring revealed that “several major milestones” had been hit last year, citing a return to “positive comparable sales for total Macy’s Inc. and Macy’s Nameplate.” The retail boss said Macy’s success marked “an important inflecti ...