Macy’s to Close 45 More Locations This Year

Video Credit: Wibbitz Top Stories
Published on January 6, 2021 - Duration: 00:50s

Macy’s to Close 45 More Locations This Year

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.

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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


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