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Macy’s to close 150 underperforming stores

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Macy's is closing 150 stores; seen here, shoppers carry Macy's bags during "Black Friday" in New York in November 2023. (Yuki Iwamura/AFP/Getty Image)

Macy’s will also build 30 smaller stores over the next two years away from malls, reflecting a trend of consumers choosing smaller stores outside of enclosed shopping malls.


Originally published at CNN.com Wire Service
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