Macy’s Raises Store Closures to 65 Before Year-End
By Naveen Athrappully Macy’s will close more stores than earlier expected during this fiscal year under the company’s revitalization program as the retail chain struggles with falling revenues. “We now expect to close about 65 locations this year, up from our prior expectation of 55 and 50 at the beginning of the year,” Adrian Mitchell, CFO at the company, said during the company’s Q3…
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