February 10, 2020・Key Gold Headlines
Macy’s Puts a Face on Retailers’ Pain
Macy’s department store has announced plans to close 125 stores and cut around 2,000 corporate employees. Along with the store closures, the company will shutter its Cincinnati headquarters and tech offices in San Francisco. Even with the cuts, sales projections for the next three years “look abysmal.” According to CNBC, same-store sales, on an owned […]