NEW YORK -- Veteran department-store chain Macy's is laying off about 3.5% of its workforce, or roughly 2,350 employees, and closing five stores as it continues to shrink its massive retail business ...
Sections of the store are bare, and employees are confirming what has been rumored for months: Macy's at Salem Center is closing. The company announced it will be closing 65 locations by the end of ...
Brick and mortar sales have taken an irrecoverable knock since the COVID-19 pandemic and its subsequent lockdown which then led to a seemingly permanent preference for online shopping. Macy’s, the ...
The department store anchored the mall for decades.