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 […]
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 biggest tranche since the pandemic started of those closings in a move that is gaining urgency because of the COVID-19 outbreak’s impact on its business. […]