The department store chain continues to reduce its physical footprint as part of a ‘Bold New Chapter.’ Shares have risen 48 percent over the past 12 months.

BY FAST COMPANY

Credit: Tony Webster via Wikimedia Commons, CC BY 2.0

Fans of Macy’s Inc. will be disappointed to learn that the iconic department store has announced its next round of store closures. Fourteen Macy’s locations in 12 states will shutter as a result of this move. Here’s why and when the closures will take place.

On Thursday, Macy’s 

© Inc.com