Macy’s to close 150 stores as sales slip as it pivots to luxury at Bloomingdale’s, Blue Mercury

NEW YORK — Macy’s will close 150 stores over the next three years and 50 by the end of 2024, the department store said Tuesday after posting a fourth quarter loss and declining sales. At the same time the company signaled a pivot to luxury. It said it would open

Source: Macy’s to close 150 stores as sales slip as it pivots to luxury at Bloomingdale’s, Blue Mercury

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