​Macy’s And Kohl’s Announce Closures Of 93 Stores In Total – Tyler Durden

Macy’s And Kohl’s Announce Closures Of 93 Stores In Total Authored by Naveen Athrappully via The Epoch Times, Retail chains Macy’s and Kohl’s are set to shut down nearly 100 stores across the country, with the decision following several quarters of negative year-over-year revenue growth. Macy’s is closing 66 stores across 22 states in an effort to “return the company to sustainable, profitable sales growth,” the retailer said in a Jan. 9 statement. Out of the 66 outlets, two have already been closed. A majority of the stores are expected to be closed during the first quarter of 2025. Meanwhile,…  — Continue at ZeroHedge News : Read More