Macy's flagship store in San Francisco's Union Square faces chopping block: reports
Macy's(M) Fox Business·2024-02-27 23:40
Macy’s could potentially decide to shutter the Macy’s department store it operates in San Francisco’s Union Square area. The iconic store appears to be facing the chopping block as part of the "bold new chapter" strategy that Macy’s said earlier Tuesday would involve closing numerous Macy’s locations, according to local media reports."There is a current evaluation underway comparing the potential real estate value and the future sales growth profitability potential," a source at Macy's said, adding that if ...