New York—Blaming warmer-than-usual weather for disappointing holiday sales, Macy’s Inc. today announced a series of store closures and job cuts in a cost-cutting initiatives. Macy’s plans to close 36 of its 770 existing Macy’s stores early this spring, on top of the four stores it closed late last year. Some 3,000 associate workers across its Macy’s and […]
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