In the most recent trading session, Macy's (M) closed at $15.08, indicating a -1.69% shift from the previous trading day.
Macy's (M) Chairman and CEO Tony Spring took the helm of the nearly 100-year-old department store in February of this year. With Macy's facing falling sales, losing market share, and receiving pressure from an activist investor, Spring announced “A Bold New Chapter,” an initiative to turn the company around and "create a more modern Macy's, Inc." Yahoo Finance senior reporter Brooke DiPalma speaks with Tony Spring at Yahoo Finance Invest about this turnaround plan.
In the most recent trading session, Macy's (M) closed at $15.27, indicating a -0.46% shift from the previous trading day.
Macy's (M) concluded the recent trading session at $15.51, signifying a +0.78% move from its prior day's close.
Macy's is closing 150 stores by the end of 2026 and rolling out new initiatives in its remaining stores. The First 50 locations to see these new initiatives have outperformed Macy's other stores. Macy's expects $600 million to $750 million in asset sale proceeds by the end of 2026.
In the most recent trading session, Macy's (M) closed at $15.70, indicating a -2% shift from the previous trading day.
Macy's is set to celebrate the grand opening of Bloomie's on Nov. 14, 2024, introducing an exclusive all-women's assortment to the Central Jersey community.
Macy's (M) reachead $15.64 at the closing of the latest trading day, reflecting a +1.69% change compared to its last close.
In the most recent trading session, Macy's (M) closed at $15.45, indicating a +1.51% shift from the previous trading day.
Macy's (M) closed the most recent trading day at $15.37, moving +0.13% from the previous trading session.
The latest trading day saw Macy's (M) settling at $15.25, representing a +0.23% change from its previous close.
M Stock is grappling with declining discretionary spending and rising operational costs, prompting investors to proceed with caution.