Around the Net
Macy's Shuttering Underperforming Stores
- USA Today, Wednesday, September 9, 2015 8:03 AM
Macy's will close 35 to 40 underperforming stores, around 5% of its total locations, the department store chain announced Tuesday. The stores, slated to be shuttered in early 2016, will be identified at a later date, said the company with corporate offices in Cincinnati and New York. Annual sales volume at the stores is expected to be about $300 million.
