Macy's might shut down more stores (M)

Macy's is in the process of shutting down 100 stores, or nearly 15% of its store base, as it battles plunging sales and traffic. 
But it needs to close even more locations to revive business, according to analysts and industry experts. 
The market "probably wants to see another 100 Macy's stores close," Jan Kniffen, CEO of consulting frim Worldwide Enterprises, told CNBC Thursday.
Cowen & Co. analyst Oliver Chen echoed that statement in a research note Thursday.
"We fear