Macy's is closing 66 stores. Here's where they're located
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Macy's announced the closure of 66 stores across 22 states as part of its 'Bold New Chapter' initiative.
January 10, 2025 | 7:30 pm
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Macy's is closing 66 stores across 22 states as part of its 'Bold New Chapter' initiative, which may impact its stock price.
The closure of 66 stores indicates a significant restructuring effort by Macy's, which could lead to short-term negative sentiment among investors due to potential revenue loss and restructuring costs.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100