Dozens more Macy’s stores are slated to permanently shut down this year.
In an email to FN, a Macy’s spokesperson confirmed that 45 outposts are heading for the chopping block. The units were included in a list of previously announced closures as part of the company’s turnaround plan unveiled in February.
“As previously announced, Macy’s Inc. is committed to rightsizing our store fleet by concentrating our existing retail locations in desirable and well-trafficked A and B malls,” the spokesperson said. “These closures bring us closer to achieving the right mix of mall-based stores.”
Source: Yahoo
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