Macy's to close around 100 stores as profits decline

Macy’s has announced plans to close around 15 percent of its department stores as the chain continues its efforts to adjust to shifting consumer preferences.There's no word yet concerning the Mall of Louisiana location because Macy’s has yet to disclose which specific stores will be closing, but most of them are expected to close early next year. It amounts to around 100 store closures around the country.Among the chief pressures cited by Macy’s is an increasing shi