Macy's Inc. revealed plans to close approximately 150 store locations over the next three years, marking a significant ...
"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 ...
The update came from Macy's Chairman and CEO Tony Spring, who spoke during a third-quarter investor call Wednesday. NBC News reported earlier this year that the retail giant's portfolio of stores ...
The chain, which is 95 years old, is ramping up store closures this year as it struggles to revive its faltering business.
At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator instructions] As a reminder, this call is being recorded. I would ...
According to Macy's CEO Tony Spring, the investigation found that the employee acted alone and without personal financial gain. The employee told investigators that a mistake was initially made in ...
According to Macy's CEO Tony Spring, the investigation found that the employee acted alone and without personal financial gain. The employee told investigators that a mistake was initially made in ...
A probe into the coverup forced Macy’s to postpone the release of its full third-quarter earnings report late last month. The intention of the employee was to cover up the mistake and not to steal the ...
Macy's on Wednesday said it has concluded an investigation into an employee who intentionally hid about $151 million of ...