Macy’s downsizing could be a sign of things to come

WILLIAMSVILLE, N.Y. (WIVB) – The new year is shining a spotlight on a harsh reality in retail:many department stores are struggling to compete with online retailers, and the latest chain to announce an overhaul is Macy’s
The Cincinnati-based retail giant is closing 40 of its stores, nationwide, and slashing 4,500 jobs, or about 3% of its workforce.
Retail experts say cyber shopping—shopping on the Internet–is giving the brick-and-mortar stores more than a run for their m