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Macy’s

Business
Store Closings Surge To Highest Level Since Pandemic: Why 2025 Could Be Worse Store Closings Surge To Highest Level Since Pandemic: Why 2025 Could Be Worse
Store Closings Surge To Highest Level Since Pandemic: Why 2025 Could Be Worse Retail store closures surged in 2024, reaching their highest levels since the start of the pandemic, a new study said. A total of 7,325 U.S. stores closed in 2024, driven by inflation and an increasing shift toward online shopping, according to retail data firm Coresight Research. The closings marked the steepest decline in brick-and-mortar retail since nearly 10,000 stores closed in 2020. While 5,970 stores opened—the highest yearly number since 2012—closures outpaced openings by a net loss of 1,355 stores.  "Retailers that were unable to adapt supply chains and implement t…

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by Chris Spiker
Business
Kohl’s Closing 27 Stores Across US Kohl’s Closing 27 Stores Across US
Kohl’s Closing 27 Stores Across US Kohl’s announced Thursday, Jan. 9, the closure of 27 underperforming stores, including locations in Pennsylvania, New Jersey, Massachusetts, and Virginia, as part of its 2025 real estate changes. The closures are expected to be finalized by April 2025 and are part of the company’s strategy to strengthen its store portfolio while adapting to evolving consumer trends. Among the affected locations are stores in Pennsylvania, New Jersey, Massachusetts, and Virginia. Pennsylvania Pottstown – 351 W Schuylkill Rd. New Jersey East Windsor – 72 Princeton Hightstown Rd. Massachusetts Stoug…

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by Jillian Pikora
News
Teen Trio Nabbed After Robbing Man At Gunpoint Outside Roosevelt Field Mall, Police Say Teen Trio Nabbed After Robbing Man At Gunpoint Outside Roosevelt Field Mall, Police Say
Teen Trio Nabbed After Robbing Man At Gunpoint Outside Roosevelt Field Mall, Police Say Three teenagers are facing charges following an armed robbery outside a Long Island shopping mall. It happened in Garden City, near the Roosevelt Field Mall’s blue parking garage close to the Macy’s, at around 11:20 p.m. Monday, Dec. 30. Nassau County Police said a 56-year-old man was walking near the garage when three boys, ages 15, 16, and 17, approached him and demanded his money. One of the teens displayed a firearm. The victim complied and handed over his money, fearing for his life, police said. All three teens then fled the scene. Third Squad detectives located the suspects a short…

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by Michael Mashburn
Business
Macy's Employee Hid Up To $154M In Expenses Since 2021, Company Says Macy's Employee Hid Up To $154M In Expenses Since 2021, Company Says
Macy's Employee Hid Up To $154M In Expenses Since 2021, Company Says A Macy’s employee misstated up to $154 million in delivery expenses over several years, the company just said. The development forced the retailer to delay its third-quarter earnings report. The employee, whose name has not been released, has been fired. According to the company, the employee responsible for accounting small package delivery expenses made erroneous accrual entries to conceal the costs from the fourth quarter of 2021 through the most recent quarter. During that time, Macy’s reported a total of $4.36 billion in delivery expenses. The company conducted an independent investi…

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by Joe Lombardi
News
Trio Recruits Own Kids To Steal From Nassau County Macy's, Police Say Trio Recruits Own Kids To Steal From Nassau County Macy's, Police Say
Trio Recruits Own Kids To Steal From Nassau County Macy's, Police Say Three people are accused of recruiting their own children to help them steal from a Macy’s store on Long Island. The incident happened in East Garden City, at Roosevelt Field Mall, shortly before 7 p.m. Saturday, Aug. 17. According to Nassau County Police, a security guard stopped two women and a man who left the store while concealing dozens of items that weren't paid for. The trio were accompanied by three children, ages 3, 10, and 13. Together, the group stole 67 pieces of merchandise by concealing items inside bags and a stroller, police said. The following suspects were arrested with…

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by Michael Mashburn
Police & Fire
Know Him? Crocs-Wearing Burglar Snags Cash From Long Island Macy's Store Know Him? Crocs-Wearing Burglar Snags Cash From Long Island Macy's Store
Know Him? Crocs-Wearing Burglar Snags Cash From Long Island Macy's Store If you recognize this fashion-forward burglar, police want to hear from you. Nassau County Police were called to the Green Acres Mall in Valley Stream at around 8 a.m. Sunday, July 21, for a burglary at the Macy’s store. Surveillance video captured a man entering the store through an unlocked door before the business opened. He then pried open and damaged four cash registers before stealing an undisclosed amount of money and fleeing on foot. Police described the suspect as 5-foot-8, between 25 and 30 years old, with dreadlocks. He was wearing a black sweatshirt, black shorts, and, notably,…

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by Michael Mashburn
News
Duo Nabbed After Robbery At Macy's Store On Long Island, Police Say Duo Nabbed After Robbery At Macy's Store On Long Island, Police Say
Duo Nabbed After Robbery At Macy's Store On Long Island, Police Say Two men are accused of robbing an employee at a Macy’s store on Long Island. Nassau County Police were called to the Macy’s store in Manhasset, located at 1100 Northern Boulevard, for a robbery at around 4:30 p.m. Tuesday, July 16. A loss prevention employee told officers that two men stole items before fleeing in a black Kia. On their way out, one of the men was involved in a physical altercation with the worker. There were no reports of injuries. Police located the suspect vehicle a short time later and conducted a traffic stop near Northern Boulevard and Community Drive.  The occ…

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by Michael Mashburn
Police & Fire
Trio Steals Credit Cards, More During Long Island Larcenies: Police Trio Steals Credit Cards, More During Long Island Larcenies: Police
Trio Steals Credit Cards, More During Long Island Larcenies: Police Three people allegedly caught stealing from a Long Island Macy’s were arrested after police found that they were behind a string of other thefts. According to Nassau County Police, the incident occurred on Wednesday, June 12 in Manhasset. The trio — 20-year-old Qualiyah Shubrick-Shurley, 31-year-old Scott Clayton, and 20-year-old Samuel Battle — were spotted at the Macy’s located at 1100 Northern Boulevard, where they were allegedly taking merchandise and threatening to harm loss prevention officers. Officers who arrived at the scene arrested Battle, who is from the Bronx, at the store.…

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by Sophie Grieser
Police & Fire
18-Year-Old Duo Rob Long Island Macy's, Police Say 18-Year-Old Duo Rob Long Island Macy's, Police Say
18-Year-Old Duo Rob Long Island Macy's, Police Say Two teens were nabbed after they allegedly stole items from a Long Island mall, with one resisting arrest, police said. It happened on Thursday, May 30 in Garden City. The pair — Kayshawn King and Jeremy Higgins, both 18 — were at the Macy’s in the Roosevelt Field Mall when, just after 6 p.m., they reportedly attempted to steal hidden merchandise. According to Nassau County Police, a 23-year-old employee tried to stop the teens; as he escorted them back into the store, Higgins attempted to flee. Police said Higgins “physically resisted” the employee and after a brief struggle, both te…

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by Sophie Grieser