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Macy's to close 100 stores nationwide

Posted: 11:31 PM, Aug 11, 2016
Updated: 2016-08-12 06:24:01-04
Macy's to close 100 stores nationwide

Macy's plans to close about 100 stores next year and boost its online investments, the nation's largest department store chain said Thursday, as it tries to become more nimble in an increasingly fierce market.

The closures represent close to 14 percent of its stores under the Macy's brand. That follows Macy's move to shutter 40 stores this spring. 

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