Thursday, April 30, 2020

Macy’s says it plans to have all of its stores reopened in 6 weeks

Macy’s is planning to reopen 68 department stores Monday, in states including South Carolina and Georgia, where local governments are loosening lockdown restrictions during the coronavirus pandemic.

It expects to have all of its roughly 775 stores reopened in six weeks, should Covid-19 infection rates taper off, and local governments allow retailers to proceed, a spokeswoman confirmed to CNBC. . . . more