Macy’s to close 125 stores, cut 2,000 corporate jobs, in hunt for growth

Macy’s to close 125 stores, cut 2,000 corporate jobs, in hunt for growth

Macy’s will shut 125 stores over the next three years and slash about 2,000 corporate jobs, as it shutters its tech offices in San Francisco and its Cincinnati headquarters, the department store chain announced Tuesday.

https://www.cnbc.com/2020/02/04/macys-to-close-125-stores-sees-480-million-in-restructuring-costs-to-2000-corporate-jobs.html?__source=newsletter%7Cbreakingnews