Kingston Mall to Lose One of Two Anchor Stores with Macy’s Closure
The Kingston Collection mall is the only Massachusetts victim of Macy’s plan to close 66 underperforming stores nationwide.
Macy’s to Close 150 Stores as Sales Slip and It Pivots to Luxury
Macy’s will close 150 stores over the next three years and 50 by the end of 2024, the department store said Tuesday after posting a fourth quarter loss and declining sales.
Macy’s to Launch Small-Format Concept in Dorchester
A staple of suburban mall shopping is coming to Boston’s biggest neighborhood.
Macy’s Loses $431M, but Beats Expectations
Macy’s Inc. on Wednesday reported a fiscal second-quarter loss of $431 million, after reporting a profit in the same period a year earlier.
Macy’s Set to Begin Staggered Reopenings
Macy’s stores will begin reopening Monday in five states as the troubled department store chain begins a gradual return to brick-and-mortar operations.
Trouble in Store
The shutdown of huge swaths of the economy due to the coronavirus emergency has put every part of retail, from department stores and luxury brands to mom-and-pops under siege.
Macy’s to Stop Paying Workers, Reduce Staff to ‘Absolute Minimum’
Macy’s says it will stop paying tens of thousands of employees who were thrown out of work when the chain closed its stores in response to collapsing sales during the pandemic.
Macy’s to Close 125 Stores, Including Mass. Location
Macy’s said Tuesday it is closing 125 of its least productive stores and cutting 2,000 corporate jobs as the struggling department store tries to reinvent itself in the age of online shopping.
Springfield Clears Way for Ex-Macy’s Marijuana Grow
Marijuana at the mall? In Springfield, it’s looking like it will soon stop being the sole province of disaffected teens and start being the realm of economic development.
The Retail Apocalypse Has Come to Boston
While the urban core in Boston and its environs appears poised for continued growth amid an explosion of luxury condominium and apartment towers, it’s a different picture in the suburbs, where the loss of major anchor stores is hitting the hardest.
