NYSE:MMultiline Retail
Macy’s Owasso Closure Reshapes Fulfillment Footprint And Investor Story
Macy’s plans to close its Owasso, Oklahoma fulfillment center as part of a supply chain modernization and network consolidation effort.
The closure affects a large facility and impacts almost 1,000 employees, marking a meaningful change in the company’s logistics footprint.
The move is framed as an adjustment to changing consumer demand and evolving logistics needs across Macy’s network.
Macy’s, traded as NYSE:M, is reshaping its operations while its shares trade around $21.71. The stock...