Macy’s plans to open as many as 30 additional small-format stores across the United States, as part of an accelerated expansion strategy. This move could triple the total number of small-format stores operated by Macy’s by fall 2025, with the new locations joining the nearly 15...
Despite a positive earnings report this week, Best Buy had another announcement: It’s in the process of closing all 250 of its U.S. small-format Best Buy Mobile stores. By May 31, they’ll all be gone. In contrast to the small-format Best Buy Mobile store closings, only...
December 10, 2023
A group of investors reportedly wants to make department store chain Macy’s a private company. Real estate investment firm Arkhouse Management and Brigade Capital Management, a global asset manager, made a $5.8 billion bid for shares of the company they don’t own, The Wall Street Journal (WSJ) reported Sunday (Dec. 10), citing sources familiar with […]
October 03, 2023
Macy’s plans to open as many as 30 additional small-format stores across the United States, as part of an accelerated expansion strategy. This move could triple the total number of small-format...