U.S. department store chain Macy’s is to close about 100 stores and increase investment in its online business after 18 months of sliding sales.
As in the U.K., department stores in the U.S. have been struggling with tough competition from online retailers and discount stores.
Macy’s currently operates 728 stores in the U.S.
Carol Maye, Readers Bureau, Fellow
Edited by Jesus Chan
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