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Macy’s Announces Layoffs, Store Closings

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One of our favorite retai stores, with AHHMAZING SALES, will be closing some of it’s locations, including some in N. Texas! Looks like according to source and after a disappointing holiday season, Macy’s will eliminate more than 4,500 positions as part of a restructuring plan to turn around the department store’s slumping sales, the company said Wednesday.

Citing the need for more efficiency and productivity, Macy’s plans to make several cuts across its stores, offices and a call center, including eliminating an average of three to four positions at each of approximately 770 Macy’s and Bloomingdale’s stores. About 3,000 associates will be affected, but Macy’s said roughly half are expected to be placed in other positions. Read more

Photo: AP


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