Macy’s Move to Close Stores May Be Necessary, but It’s Not a Quick Fix

The major cuts Macy’s announced this week–closing 125 stores over the next three years, as well as cutting 2,000 jobs as part of a larger plan to save hundreds of millions of dollars–may be a necessary move for the company, but it still may not be enough. In addition to the aforementioned cost cutting measures,…

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