Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Where's Trump? Macy's closing 68 stores; job cuts total 10,100
After seeing sales drop during the holidays, Macy's said Wednesday it has either closed or will shutter 68 stores and cut an additional 6,200 positions at a time when shoppers are going online to buy everything from scarves to lipstick.
Of the 68 stores out of 730 in total, nine closings had been previously announced and three locations have already shut down. But the retail giant revealed the locations of the remaining 59 stores, which will be shuttered by the middle of this year and affect 3,900 employees, some of whom may be offered jobs at other locations.
Macy's identifies 68 stores that will close
The locations span the country, from Florida to Oregon.
Some of the stores are relatively new to the chain. The Macy's store in the Eastland center in Columbus, Ohio, opened in 2006, and has 73 employees. Some, however, are historic or have been around for decades. Macy's said it will shutter its store in downtown Minneapolis opened in 1902, where it has 280 employees.
Of the 68 stores out of 730 in total, nine closings had been previously announced and three locations have already shut down. But the retail giant revealed the locations of the remaining 59 stores, which will be shuttered by the middle of this year and affect 3,900 employees, some of whom may be offered jobs at other locations.
Macy's identifies 68 stores that will close
The locations span the country, from Florida to Oregon.
Some of the stores are relatively new to the chain. The Macy's store in the Eastland center in Columbus, Ohio, opened in 2006, and has 73 employees. Some, however, are historic or have been around for decades. Macy's said it will shutter its store in downtown Minneapolis opened in 1902, where it has 280 employees.
http://www.usatoday.com/story/money/business/2017/01/04/macys-cutting-6200-jobs-identifies-68-stores/96168126/
23 replies
= new reply since forum marked as read
= new reply since forum marked as read
Response to CousinIT (Original post)
Response to GP6971 (Reply #5)
Response to uppityperson (Reply #11)
all across the country, at a time when malls are folding and online shopping is increasing in popularity. However, since Trump tries to claim credit for things he did not do, I will happily blame him for sinking a chain he urged people to boycott! 
