US: Macy’s announces closure of 65 more stores

Tribune Online
US: Macy’s announces closure of 65 more stores

An American department store chain, Macy’s, has confirmed plans to close 65 stores this year, an increase from the 50 locations it had previously announced would shut by the end of its fiscal year.  The closures form part of a broader strategy to eliminate approximately 150 underperforming stores within the next three years….