Macy's closing 125 stores, cutting 2,000 jobs | Pacific Coast Business Times

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Macy’s closing 125 stores, cutting 2,000 jobs

By Staff Report / Tuesday, February 4th, 2020 / Comments Off on Macy’s closing 125 stores, cutting 2,000 jobs

Macy’s announced its closing approximately 125 stores and cutting about 2,000 jobs, or about 9 percent of its national workforce on Feb. 4. The department store chain is downsizing as part of a three-year plan to boost successful stores and shed underperforming locations. Macy’s previously announced the closing of 30 stores in January, and the…

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