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Macy’s Closing 28 Stores as Holiday Results Roll In

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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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