Macy's confirms closure of 66 stores

NAMPA / Xinhua

2025-01-11

NEW YORK, Jan. 10 (Xinhua) -- Established U.S. department store Macy's Inc. has announced the closure of 66 underperforming stores as part of a broader restructuring plan to shutter approximately 150 stores over a period of three years. Both California and New York would have nine Macy's stores to cease to operation with another seven to be closed in Florida, according to Macy's announcement on Thursday. This strategy was initially outlined......

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