Tuesday, January 7, 2020

Macy's is closing at least 15 stores — here's the full list

Business Insider
Macy's is closing at least 15 stores in the early part of 2020.

In 2016, Macy's said that it would close 100 stores after it reported six consecutive years of declining sales. Since then, it has been shuttering these locations as their leases expire.

A spokesperson for the company did not comment on whether this recent wave of closures was included in the 2016 plan but said that Macy's "regularly reviews" its store portfolio and will update investors in its upcoming investor day on February 5.. . . more