Macy’s Is Shuttering 125 Stores and Its Cincinnati Headquarters

Macy’s Is Shuttering 125 Stores and Its Cincinnati Headquarters

Macy’s announced today a three-year plan that includes shuttering 125 stores and its corporate headquarters in Cincinnati, as well as cutting 2,000 jobs. The moves will cost the company between $450 million and $490 million, the majority of which will be recorded in fiscal 2019. Macy’s said it expects the moves to save the company…

Source: Ad Week – AD & Brand News