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A Texas man is suing Macy’s and the parent company of Sunglass Hut after the two companies allegedly relied on error-prone facial recognition technology to falsely accuse him of an armed robbery ...
January 25, 2024 at 11:32 AM. Gary Hershorn. A 61-year-old man living in California said he was wrongly accused of robbing a Sunglass Hut in Texas, arrested and then sexually assaulted by inmates ...
Luxottica. Website. sunglasshut.com. Sunglass Hut is an international retailer of sunglasses and sunglass accessories founded in Miami, Florida, United States, in 1971. Sunglass Hut is part of the Italian-based Luxottica Group, the world’s largest eyewear company. As of December 31, 2008, the Luxottica Group operated 2,286 stores around the ...
In January 2024, Sycamore Partners requested to purchase the struggling Macy's company. [72] In February 2024, Macy's announced that up to 150 underperforming stores would close by the end of 2026, with 50 stores closing by the end of 2024. Macy's stated that the closing stores only represented 10% of its total sales.
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Macy's rejected the offer in January 2024 citing the unsolicited offer to be undervalued. [34] The investor group increased their offer to $6.6 billion two months later. [35] In February 2024, Macy's announced it would close 150 stores by 2026. [36]
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