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Tag: Store closures

Macy’s store closures—here’s where they are

In the fiscal third quarter, Macy’s posted its first same-store sales decline in two years, and slashed its profit outlook for the year. The company attributed the sales weakness to unseasonably warm weather and soft foot traffic, saying it saw poor performance at lower-tier shopping malls. As the map shows, the planned closures of 28 …

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