Macy's Announces First 66 ‘Underproductive Stores' It Will Close

Macy’s said Thursday (Jan. 9) that it will close 66 store locations as part of the Bold New Chapter strategy it announced in February.These are among the 150 “underproductive stores” the retailer said it would close over a three-year period under that plan, Macy’s said in a press release.“Closing any store is never easy, but as part of our Bold New Chapter strategy, we are closing underproductive Macy’s stores to allow us to focus our resources and prioritize investments in our go-forward stores, where cust ...