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Macy’s turnaround shows promise as sales climb to highest level in over 3 years

On HALO

2 weeks ago

Macy's sales reached its highest level in more than three years, marking a major step forward in its turnaround effort.The retailer, which launched its turnaround plan in 2024, highlighted two measures of progress in its latest report covering a three-month period ending Nov. 1. Sales at the stores it plans to keep open rose for the second straight quarter, while sales across the broader Macy’s brand, including all stores and its website, grew at the fastest pace in 13 quarters.Bloomingdale’s and Bluemercury, which are also owned by Macy's Inc., also continued to grow. The three-month period e...

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2 weeks ago
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