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Macy's to slash 2,000 corporate roles, close 125 stores

2020-02-05 13:15:00| Daily apparel & textile news and comment - from just-style.com

US department store retailer Macy's, Inc is to close about 125 of its least productive stores and slash 9% of its corporate and support function headcount  - roughly 2,000 positions - as part of an updated strategy and three-year plan.

Tags: close stores corporate roles

 

US Q4 in brief - Rocky Brands, Dillard's, Macy's, Wolverine World Wide

2020-01-31 13:29:00| Daily apparel & textile news and comment - from just-style.com

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Rocky Brands has booked a rise in both earnings and revenue, while Macy's has reported a fall in net sales. Elsewhere, Carter's achieved its quarterly sales objective, while Urban Outfitters, Columbia Sportswear and Skechers have all booked record sales. 

Tags: world wide brands rocky

 
 

Macy's confirms plans to shutter 29 stores

2020-01-09 15:37:00| Daily apparel & textile news and comment - from just-style.com

US department store retailer Macy's Inc has confirmed it is to close 29 stores following a drop in comparable sales over the holiday trading season.

Tags: stores plans confirms shutter

 

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