Macy's (M) is trying to redefine the future of the department store as the 166-year-old retail giant attempts a comeback after years of struggles. "If I told everyone that I had a business, that we ...

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 ...

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 ...

Tony Spring was already working against the clock to turn Macy's around. Now, the CEO will have two fresh faces on the department store retailer's board of directors as it weighs whether to bet on his ...

Macy’s has struggled for years against rising competition and shoppers migrating away from department stores. Now, a group of investors reportedly wants to take Macy’s private at a vulnerable moment ...