Feb 05

Macy’s Is Shuttering 125 Stores and Its Cincinnati Headquarters

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Macy’s announced today a three-year plan that includes shuttering 125 stores and its corporate headquarters in Cincinnati, as well as cutting 2,000 jobs. The moves will cost the company between $450 million and $490 million, the majority of which will be recorded in fiscal 2019. Macy’s said it expects the moves to save the company…

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