Macy’s to close another 100 stores; stock jumps By Sruthi Ramakrishnan,Reuters.  It is great news that Macys is finaly closing underperforming doors.  This works for Macys bottom line as well as the brands that sell them who are put inventory in those doors.  There strategies going forward should make for a healthier business.
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https://www.yahoo.com/finance/news/macys-says-shut-100-stores-122009689–finance.html