New York – Macy’s Inc. will expand its First 50 initiative to an additional 75 Macy’s department store locations this year as the enhanced merchandising and services set-up continues to out-perform.
Macy’s announced it intends to close about 66 more stores, up from the estimate of 50 to 55 locations that would be shut when corporate leaders announced the initial round of shutters in early 2024.
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