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 ...

Macy’s is entering A Bold New Chapter — at least that’s what it calls the strategy it announced on an earnings call Tuesday that was designed to reposition the company. To make that happen, the retail ...

Macy’s has unveiled the first Wisconsin edition of Backstage – the off-price venture central to the big retailer’s efforts to increase shopper traffic and boost sagging sales numbers. The store-within ...

Macy's is shopping for its next growth opportunity as U.S. department stores struggle to hold onto shoppers. The Cincinnati-based retailer recently announced plans to acquire a beauty and spa retailer ...

One of the country's largest department store chains said it plans to rethink the way it does business. On Wednesday, Macy's announced it would begin to focus on expanding its digital footprint by ...

Department store Macy's CEO has announced the closure of 65 locations following the holidays. "We're encouraged by the pace and economics of our non-go-forward store deals. We now expect to close ...

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 ...