Macy's to close dozens of stores after the holidays

Macy's plans to expand to 65 locations by January 2025, exceeding previous expectations. On a recent earnings call, Macy's CEO highlighted initiatives aimed at increasing profitability. Additionally, the retailer intends to close 150 underperforming stores by 2026.

By when does Macy's plan to expand to about 65 locations?

• End of December 2024

• End of January 2025

• End of 2026

• Mid-2025

What was the reaction to Macy's expansion plans?

• It was not mentioned

• It was less than expected

• It was exactly as expected

• It was more than expected

What did Macy's CEO say about the initiative during the earnings call?

• It will decrease profitability

• It will reduce costs

• It will increase store numbers

• It will enhance profitability

How many underperforming stores does Macy's plan to close?

• 100

• 150

• 200

• 250

By what year does Macy's plan to complete the store closures?

• 2025

• 2024

• 2026

• 2027