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 ...

Sections of the store are bare, and employees are confirming what has been rumored for months: Macy's at Salem Center is closing. The company announced it will be closing 65 locations by the end of ...

NEW YORK — Macy's will close 150 unproductive namesake stores over the next three years including 50 by the end of 2024, the department store operator said Tuesday after posting a fourth-quarter loss ...

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 ...