macys

Macy’s Trims Holiday Hires by Nearly 4 Percent

Macy’s is increasing the number of temporary workers it’s hiring for distribution and warehouses for the holiday season as it chases fast growing e-commerce sales. But overall holiday hiring will fall nearly 4 percent. Macy’s says it will be hiring 18,000 workers to fulfill online orders and other tasks at warehouses devoted to e-commerce operations. That’s an increase of 3,000…

Macy’s Plans to Close About 100 Stores

Macy’s says it plans to close about 100 stores next year as the department store operator aims to become more nimble in a competitive market. That represents close to 14 percent of its store base. The closures come as Macy’s reported Thursday that second-quarter profits and sales fell. The results, however, beat Wall Street estimates as efforts to bring back…