Macy's stores closing
(Photo Credit: Kevin Carter | Getty Images)

Why Are So Many Macy’s Stores Closing Down?

Macy’s has kicked off its plan of closing down several stores across the country. The retail giant previously announced the move in February 2024 while revealing their Bold New Chapter strategy. The closures of “underproductive” stores come as part of the plan. Moreover, Macy’s chairman and chief executive officer detailed via…

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