Macy's closing stores as focus shifts
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- čas přidán 26. 08. 2024
- Macy’s will close 150 unproductive namesake stores over the next three years, including 50 by year-end. The company made the announcement Tuesday after posting a fourth-quarter loss and declining sales. As part of the strategy, Macy’s aims to upgrade its remaining 350 stores, with plans to add more salespeople to fitting areas and shoe departments, while adding more visual displays like mannequins. At the same time the company signaled a pivot to luxury, which has fared better overall.
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Out of control theft, the usual suspects ruin it for everybody.
Bloomingdale's (the high-end brand) wouldn't be expanding if theft was the issue. The real problem for department stores is the death of the middle class.
✊🏿 BLM
@@mejus161 Stealing Sheeitt
You really believe that's why they're the ones who created the laws that created that. So why would you believe that they're making these buildings empty? Because they're gonna need big buildings to put you in and jail. You and house you in when they do their little plan
Big loss of tax revenue and jobs for the city. SF needs a new mayor and police chief. Up to SF residences to vote this fall.
Internet is causing these store to close. Also the threat of road rage and in store violence also.
And the closing malls don't help. Most of retailing is suffering
They should sell the one in Manhattan. The land alone has to be worth over a billion dollars.
I had the opportunity to work for Macy's and shop at Macy's. It disappoints me about the stores closing but also it's the high inflation that is affecting all businesses and shrinkage. It's abnormal times.
1st Party City and Then.. MACYS?? I WILL MISS ALL OF THAT 150 STORES!🥺🥺
They should close Herald Square and sell the property before the crash..
Walmart or Target Thanksgiving Day parade and Fourth of July Fireworks.
The on in the Broadway Mall (Long Island, NY) closed years ago! Things are going upscale, Walt Whitman mall is fully of $$$$ stores.
Y'all need to scan legal ID or show and ID to an employee alongside our grocery store or shopping retail identification, to enter. Doors shouldn't open and be bullet proof or metal. Semi automatic doors. Help our foreign brands and luxury brands too.
if I wanted luxury goods I go to Saks or Bergdorf. This is a bad move.
Sad but God Bless our Truckers boycotting NYC ❤❤❤
Who is boycott 😂😂😂
They offed the stores because of the thefts and online e-commerce
WHYYYYYY
Organized retail theft
Jeff bezos aka lex Luthor plays a significant role when it comes to retail chains closing several locations and potentially going out of business for good.
Nooooooooo
Bidenomics. When are we going to see the Amazon Thanksgiving day parade.
The thought of Biden is nauseating.
Odd that you blame Biden for Macys shutdown when it is the corporation that makes these decisions.
Stores closing all across the country.
This is what build back better looks like. 😂😂😂
Bidenomics is working! 😂😂
Macy been garbage for ever. Overprice clothes questionable jewelry customer services is bad
TRUMP WAS RIGHT!!
#VOTE #TRUMP2024
Right about what? Did Trump have some inside info about Macy’s? 😅
He's a joke
@asthompson7690 - Har.
As if Billary Clinton would have been the better chioce? She's a waddling-washing machine, ready to topple with every step (worse than stumbling/mumbling Joe). Pilgrim, you *better wake da-hell-up.*
Stores closing all across the country.
This is what build back better looks like! 😂😂
Bidenomics is working! 😂😂
@@nicholasthompson7690 - Ha! So you voted Billary Clinton? THAT'S a joke!