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Report: Macy’s Shutting Down Over 100 Stores, Seeks ‘New Chapter’

Macy’s will cut 150 stores over the next three years and move its focus on luxury sales in an effort to turn the historic retailer around. In a news release, Macy’s summed up its changes by calling the package of changes “A Bold New Chapter.” “A Bold New Chapter serves...

Macy’s will cut 150 stores over the next three years and move its focus on luxury sales in an effort to turn the historic retailer around. In a news release, Macy’s summed up its changes by calling the package of changes “A Bold New Chapter.” “A Bold New Chapter serves…

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