New York-based upscale retail chain Macy’s Inc. plans to close 66 underperforming department stores this year, including its store in the Silver Lake Mall, in Coeur d’Alene.
Macy's has released a list of 66 stores that will be closing over the next year or so as the chain fights declining sales - here's what's happening to their NJ stores.
Macy’s real estate assets, including the Herald Square location, are worth about $5 to $9 billion. Department store operator Macy’s said on Thursday it will close 66 “non-go-forward” store locations ...