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Macy's Closes 14 Stores, Retail Shift Continues
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Macys to Close 14 More Stores, Adding to Retails Shift to Online Sales: The department store chain, Macys, is closing 14 underperforming stores across 12 states, as part of its ongoing strategy to streamline operations and focus on digital sales. This move aligns with the Bold New Chapter plan, which aims to close 150 stores by 2026. The closures, including those in Pennsylvania and Maryland, are part of a broader trend in retail, with Carters, Kroger, Walgreens, JCPenney, and GameStop also reducing their brick-and-mortar presence. The shift towards online sales has led to around 4,100 closures last year and more expected in 2026, impacting communities and traditional shopping centers.
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