Department store chain plans to leave weaker shopping malls and focus on smaller stores in strip malls
Macy’s announced on Tuesday that it will close 125 stores and axe 2,000 jobs, becoming the latest shopping giant to shutter shops amid a radical reordering of the retail landscape.
The department store chain plans to exit weaker shopping malls and focus on opening smaller-format stores in strip malls.
Continue reading...from The Guardian https://ift.tt/2UB6tWj