NYSE:MMultiline Retail
Is Macy’s (M) Accelerated Store Closures Rewriting Its Dividend and Reinvention Playbook?
Macy’s has accelerated its restructuring by closing a major fulfillment center in Owasso, Oklahoma, and moving ahead with most of 14 planned store closures, affecting hundreds of jobs as it streamlines its supply chain and store base.
These steps, part of a broader transformation plan, raise fresh questions about how Macy’s will balance reinvestment needs with its ongoing dividend payments to shareholders.
We’ll now look at how accelerated store closures and supply-chain changes may reshape...