"Ripple Effects of Macy's Closures on West Coast Retail"
TL;DR Summary
Macy's plans to close 150 underperforming department stores over the next three years, with 50 of its namesake stores shutting down by the end of the fiscal year. The company aims to upgrade its remaining 350 stores and pivot to luxury, while not identifying specific locations for closure. A retail expert from Scottsdale expressed little surprise at the news, citing Macy's long-standing issues and the need for a correction in its approach to merchandising and customer service.
- Macy's store closures are no surprise to Scottsdale retail expert KTAR.com
- Impacts of Macy's restructuring unknown at chain's two Santa Rosa locations The Santa Rosa Press Democrat
- San Francisco Macy's to close in devastating blow to downtown San Francisco Chronicle
- San Francisco Union Square Macy's to close amid mass shuttering of locations, at least 400 employees impacted: reports KGO-TV
- How America’s once great department stores became a dying breed CNN
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