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Macy’s Closing 28 Stores as Holiday Results Roll In

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Macy’s Inc. plans to close 28 stores, though holiday results came in better than expected. The department store company is set to reveal a three-year strategy for growth that includes pruning its store fleet, in addition to layoffs at Bloomingdale’s. November and December comparable sales at Macy’s dipped just 0.6 percent, a decent result given…

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