Macy's to shutter 100 more stores in light of growing competition from e-commerce rivals like Amazon

US department store Macy's is to shutter a further 100 stores by early 2017 in a latest wave of bricks-and-mortar closures. 
The move follows on from the iconic brand's latest earnings report, and will affect around 15 per cent of its 675 full-line locations. The shops affected have no yet been disclosed.
Macy's sales have been in decline now for six consecutive quarters, and the shut downs are part of a strategic plan for the retailer to achieve greater growth in the future. The US firm wi