Insight Report 2 minutes PremiumMacy’s Accelerates Store Closures; Will Focus on Fewer, Better-Performing Stores Coresight Research August 11, 2016 Executive Summary Macy’s (M) announced that it will close 100 of its 675 full-line stores at the end of its current fiscal year. The company experienced an inflection in sales trends in the second quarter after seeing several quarters of challenging top-line results. Macy’s will operate fewer stores and concentrate on better-performing locations. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Earnings Insights 1Q24, Week 1: L’Oréal and Skechers Report Positive Sales Growth, Columbia Sportswear and Levi’s Post Sales DeclinesAmazon Apparel US Consumer Survey 2023—Infographic: Understanding Amazon Fashion and Why Consumers Choose ItKroger and Albertsons To Divest 413 Stores to C&S Wholesale Grocers in a $1.9 Billion DealOctober 2023 US Retail Traffic and In-Store Metrics: Jewelry Sector Sees Positive Growth
