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Macy’s is closing 45 stores in the first wave of its turnaround plan
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Almost a year ago, Macy’s announced an ambitious turnaround plan to modernize itself that included shedding about a quarter of its big department stores. Now, the retailer has announced the first tranche of those closings in a move that is gaining urgency because of the impact of the COVID-19 pandemic on its business. Macy’s will […]