The layoffs come after Macy’s Inc. on Jan. 9 announced plans to close five department stores in Michigan as part of 66 stores ...

The department store has been struggling with declining sales, which has been affecting the wider retail store sector for years as traditional outlets compete ... go-forward Macy's locations ...

is looking to revive sales by closing underperforming stores and relying on its luxury outlets Bloomingdale’s and Bluemercury. “Macy’s is still facing challenges while operating in a ...

Macy’s, along with other department stores and retail outlets, has been hurt as customers move to more online sales. Macy’s stock price was down more than 1.8% as of late Friday, and has fallen nearly ...