Macy's Closing 150 Stores

Macy's has decided to close 150 stores nationwide in an attempt to stop a downward trend. They will be closing 50 stores by the end of 2024 and 100 over the next few years. In saying that they will be building smaller stores with a more focused approach. What is there approach? Well, Macy's has decided that they want to go after a more wealthy consumer. Hoping that will lead to better days for themselves they will again focus on items from Bloomingdales and Bluemercury. Will this work and what stores will they be closing? We will have to wait and see!

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