Macy’s is closing 66 stores starting in January as a part of its “A Bold New Chapter” plan. The company announced this latest ...

I cover major developments in the retail industry. Today is the first day that Tony Spring has taken charge of the entire Macy organization. After a three quarter of a year as an understudy to ...

With Macy's Inc.'s "Bold New Chapter" turnaround strategy, it boils down to fixing the fundamentals. "We're beginning to see ...

I cover major developments in the retail industry. Jeff Gennette, CEO of Macy’s and Tony Spring, CEO of Bloomingdale’s and CEO-elect of Macy’s met with Jim Cramer this week to discuss Macy ...

Tony Spring, who runs Bloomingdale’s, will replace Jeff Gennette as chief executive in February. Mr. Gennette has led the chain since 2017. By Jordyn Holman Macy’s is shuffling its leadership ...

Yet Macy’s CEO Tony Spring said that after seeing almost no price increases linked to tariffs in the first quarter, some “limited” price increases are appearing now, leading to the more cautious ...

Macy's same-store sales decreased 1.2% year over year, versus the 3.85% decline expected. The company reaffirmed its sales guidance but revised its 2025 earnings outlook due to un ...

The chain now intends to close 65 stores by the end of January 2025. In a Q3 earning call Thursday, Macy's CEO Tony Spring announced the company would close 15 more locations than its previous ...

"We now expect to close roughly 65 locations this year," said Macy's CEO Tony Spring in the earnings call. "In line with our typical cadence, closures will occur post holiday." The retail giant ...

Macy’s Inc., continuing to invest in its best stores while shedding poor-performing locations, showed progress in the fourth quarter of fiscal 2024 by turning profitable and posting a small ...

“At Macy’s, we promote a culture of ethical conduct,” chairman and chief executive Tony Spring said in a statement. “While we work diligently to complete the investigation as soon as ...