By Natalie Dreier, Cox Media Group National Content Desk
By Natalie Dreier, Cox Media Group National Content Desk
Two major retailers are starting the year off with the announcement of store closures.
Macy’s and Kohl’s are each shuttering dozens of locations nationwide.
Macy’s announced that 66 locations will be closed as part of a previously announced multi-year downsizing, CNN reported.
The company had not said which stores were closing, until last week.
In all, Macy’s will have closed 150 underperforming stores by 2026, cutting the number of locations to 350 when complete.
Tony Spring, Macy’s Inc. chairman and CEO, said in a news release, “Closing any store is never easy, but as part of our Bold New Chapter strategy, we are closing underproductive Macy’s stores to allow …