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Macy’s Just Announced Store Closures in 12 States—With Closeout Sales About to Begin

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The company is shifting its focus to the top performing locations.

BY LEILA SHERIDAN, NEWS WRITER

Photo: Getty

Over the past two years, Macy’s, Inc. has aggressively reallocated capital toward higher-return assets in an effort to reposition the company and achieve greater value. The strategy appears to be working, and now, its next phase is underway. 

In........

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