Macy’s Is Closing Down Over Two Dozen Stores in 2020

Heading into a 2019 holiday season, there were concerns that Macy’s would have to understanding with gloomy sales and a holiday selling duration that was distant next what they can customarily expect. However, a news was most improved than approaching with a decrease of only 0.6 percent. Yet even with a improved than approaching holiday selling season, it seems that Macy’s is going to be shutting some of their doors.

According to CNN, over a initial half of 2020 business can design to see 28 Macy’s locations shutting their doors, along with during slightest one Bloomingdale’s store. While a association has positively seen a decrease in their sales and increase in stores that have been open for during slightest one year, a news that a 2019 holiday deteriorate was not as bad as approaching is positively a positive. At a same time, a news is still a strike for a association that has selected to be active by shutting stores that are underperforming.

A list of a stores that are being sealed have been posted and embody 3 locations in Florida, dual in Georgia, dual in Illinois, and 3 in Washington. The Bloomingdale’s plcae that will be shutting is located nearby Miami, Florida.

Macy’s will be providing a full list of closures during their arriving investor’s day on Feb. 5.

Written by Kimberley Spinney

Sources:

CNN – Macy’s is shutting 28 stores and a Bloomingdale’s store

Image Credit – Mike Mozart’s Flickr Page – Creative Commons License

  Macy’s, store closings