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Macy's to close 66 underperforming stores across U.S.

  • Macy's is closing 66 underperforming stores across the U.S., including five in North Texas, as part of its 'Bold New Chapter' strategy, which aims to close around 150 stores and invest in 350 locations.
  • Tony Spring, chairman and chief executive officer of Macy's, stated that the closures are necessary to prioritize investments in stores where customers respond positively to better offerings and service.
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  • 62% of the sources are Center
62% Center
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