National News Archives - Page 6 of 6

Macys Strategic Shift: Aiming for Success Amid Store Closures

Friday, January 10

Macy's has announced the closure of 66 stores this year as part of its Bold New Chapter plan. This move is part of a broader strategy to close around 150 under performing stores over a three-year period. Tony Spring, chairman and CEO of Macy's,... Read More.

REI Shifts Focus Back to Its Roots Amid Division Closure and Job Cuts

Friday, January 10

Seattle-based REI announced on Wednesday that it is closing its Experiences division and eliminating 438 jobs. This division, which included adventure travel, day tours, and classes, will close this week, according to a message from REI President and CEO Eric Artz. It is not... Read More.