Macy's to close 66 underperforming stores across U.S.
- Macy's is closing 66 underperforming stores across the U.S., including five in North Texas, as part of its 'Bold New Chapter' strategy.
- The closures aim to allow Macy's to focus resources on 350 'go-forward' locations with positive customer responses.
- Kohl's is also closing 27 underperforming stores and a fulfillment center, with all affected employees informed and offered severance.
- Both Macy's and Kohl's are making these closures to support their long-term growth strategies.
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Coverage Details
Total News Sources0
Leaning Left25Leaning Right12Center61Last UpdatedBias Distribution62% Center
Bias Distribution
- 62% of the sources are Center
62% Center
L 26%
C 62%
12%
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