Macy’s Closing 125 Stores, Cutting 2000 Jobs As Mall Stores Struggle

Macy’s Closing 125 Stores, Cutting 2000 Jobs As Mall Stores Struggle

Macy’s is cutting 2,000 jobs and closing about 125 stores, such as this one in Seattle, the company announced Tuesday.
Elaine Thompson/AP
Macy’s is planning to close about 125 underperforming stores over the next three years, about a fifth of the company’s …
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