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Macy's to close one-fifth of its stores


Macy
the Wall Street Journal
Amazon
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The New York Times
SOURCE: https://www.axios.com/macys-close-125-stores-layoffs-a0e84e12-edf3-4728-bcc1-989a5cd1d6ce.html
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Summary

Macy?s expects the closures and layoffs will save $1.5 billion annually by the end of 2022.

As said here by Marisa Fernandez