Macy’s Announces Closure of 150 Stores Amid Restructuring Plan

Macy’s Announces Closure of 150 Stores Amid Restructuring Plan

BySamod Biobaku

Macy’s, under new CEO Tony Spring’s leadership, is set to close approximately 150 underperforming stores over the next three years, about 30% of its total fleet, to ensure its relevance to shoppers. Spring, who assumed the role on February 4, aims to optimize the remaining 350 Macy’s locations while expanding smaller store formats and increasing…

Texas Man Sues Macy’s and Sunglass Hut Parent Over Alleged Wrongful Arrest Linked to Faulty Facial Recognition
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Texas Man Sues Macy’s and Sunglass Hut Parent Over Alleged Wrongful Arrest Linked to Faulty Facial Recognition

BySamod Biobaku

In a disturbing case of mistaken identity involving facial recognition technology, a Texas man, Harvey Murphy Jr., is pursuing a $10 million lawsuit against Macy’s and the parent company of Sunglass Hut, EssilorLuxottica. The lawsuit alleges that the companies relied on error-prone facial recognition tools, leading to Murphy’s wrongful arrest for an armed robbery he…