High-End Stores That Will Shutdown All Of Their Branches This Year

Macy’s

Macy’s is the latest retailer to announce a round of cost-cutting measures in the near future. In January, the company stated that 45 sites would close permanently in 2021. According to CNBC, the closures are part of a larger strategy by Macy’s to eliminate 125 stores by 2023, limiting the company’s footprint to high-end retail.

Macy’s