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