NEW YORK (AP) — Macy's says it plans to close about 100 stores next year as the department store operator aims to become more nimble in a competitive market. That represents close to 14 percent of its store base.The closures come as Macy's reported Thursday that second-quarter profits and sales fell.
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BING NEWS:
- Black Friday shoppers flock to SF's Union Square, soaking in holiday traditions
The massive Macy's Christmas tree was up, street performers were out and Black Friday deals were seemingly everywhere, making Union Square no stranger to the crowds.
11/29/2024 - 1:51 pm | View Link - 'No immediate plans' to close Macy's at Providence Place
However, the mall's court-appointed receivers could not "definitively confirm [the store's] long-term presence," especially given recent announcements from Macy's corporate.
11/15/2024 - 3:30 pm | View Link - More
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