Macy’s to Close 45 More Locations This Year.
Employees at 45 stores were informed that they will be shuttering by the middle of this year.
.
The closures are a part of the company’s three-year plan to close 125 locations by 2023.
Macy’s is committed to ... concentrating our existing retail locations in desirable and well-trafficked ... malls, Macy’s spokeswoman, via CNBC.
These closures bring us closer to achieving the right mix of mall-based stores, Macy’s spokeswoman, via CNBC.
The company reported a decline of more than 20% in same-store sales in November
