Macy s closed 64 stores last year as the retailer s gains from real estate sales more than doubled

Get the Full StoryIn a mixed earnings report on Thursday, the department store chain offered an update on its turnaround plan and ongoing adjustments to its footprint.

Macy s announced in its fourth-quarter and fiscal-year 2024 earnings report on Thursday that it expects another year of declining sales as the department store chain continues reshaping its footprint to focus on better-performing locations.

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