Macy's Is Closing 9 Stores

Well now you’ve done it, shoppers of America: your refusal to spend enough money at Macy’s is forcing the department store chain to shutter nine “underperforming stores in Indiana, Ohio, Louisiana, Oklahoma, Utah and Texas,” reports Reuters. Seriously, what does it take to get you to buy stuff from them? They gave out coupons!

Macy’s said the closings would affect 899 employees, who would be offered positions in nearby stores where possible. It said employees laid off in the process would be provided severance benefits and outplacement assistance.

“Macy’s to close nine stores, affects 899 jobs” [Reuters]
(Photo: Rob Lee)