Macy's shuts down 14 stores as part of major restructuring effort
Macy's shuts down 14 stores as part of major restructuring effort
- Macy's is closing 14 department stores across 12 states as part of a larger restructuring effort.
- This plan will result in over 1,000 employee layoffs linked to the shutdown of distribution centers.
- These actions reflect a significant transformation strategy aiming to modernize operations and adapt to changing consumer behaviors.
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