Wednesday, January 4, 2017

Macy's, The Limited, other chains start store closings soon

Image result for macy's store closingsOne of the hardest blanket statements to make in retail these days is how retailers fared during the holiday season.

Retailers are in various stages of growing and shrinking all the time. It's hard for even a decent season -- like 2016 was forecast to be -- to lift all boats, particularly for department stores and apparel retailers. Macy's and other chains have said they are closing stores in 2017: Sears, Kmart, Abercrombie & Fitch, American Eagle, Aeropostale, Chico's and The Children's Place. . . . more

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