Macy's Aktie News

The new carousel shop, unveiled in partnership with Warner Bros. Discovery is inspired by the cinematic reimagining of "Wuthering Heights", featuring romantic gifts, exclusive sweet treats, immersive events, and an obsession-worthy AQUA collaboration.

Macy's announced 14 more store closures as part of its "Bold New Chapter" turnaround strategy aimed at boosting profitability and streamlining operations.

It's ambitious, transformational strategy was implemented well. The retailer is becoming notably slimmer by divesting assets and closing underperforming stores.

Macy's plans to close 14 underperforming stores this year, after shuttering 66 in 2025 and 55 the year before. Following the next round of closures—most expected in the first quarter—the company will be 80% of the way toward its goal of 150 closings that was outlined in the “Bold New Chapter” turnaround plan presented by CEO Tony Spring in February 2024.

Fans of Macy's Inc. will be disappointed to learn that the iconic department store has announced its next round of store closures. Fourteen Macy's locations in 12 states will shutter as a result of this move.

Shares in department store chain Macy's are up nearly 33% year to date, but the stock continues to trade at a big discount to its retailer competitors. There are valid reasons for this valuation discrepancy; however, it could also work to your advantage.

Macy's shares outperformed the overall market. Management has been implementing changes.

Santa Claus might be coming to town, but that hasn't stopped pouting and crying from seeping into consumer sentiment this holiday season. The University of Michigan's Survey of Consumers continues to show that Americans aren't feeling very optimistic about their finances or the job market.