11-08-2016 15:45 via wivb.com

Macy’s plans to close 100 stores

NEW YORK (AP) — Macy’s says it plans to close about 100 stores next year as the department store operator aims to become more nimble in a competitive market. That represents close to 14 percent of its store base.
The closures come as Macy’s reported Thursday that second-quarter profits and sales fell. The results, however, beat Wall Street estimates as efforts to bring back customers are taking hold.
The nation’s largest department store chain says that it earned $11 mill
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