Department store chain Macy’s announced plans Tuesday to close 150 stores, and add more locations for luxury retailer Bloomingdale’s and beauty story chain Bluemercury.
Department store chain Macy’s announced plans Tuesday to close 150 stores, and add more locations for luxury retailer Bloomingdale’s and beauty story chain Bluemercury.
The company said the moves are meant to modernize its portfolio of retail locations and improve sales.
“We are making the necessary moves to reinvigorate relationships with our customers through improved shopping experiences, relevant assortments and compelling value,” Macy’s Inc. CEO Tony Spring said in a release from the company.
