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Macy's unveiled a new strategy to open a 'Bold New Chapter' for the struggling 166-year-old department store

Struggling US Retailer Macy's To Close 150 Stores

The iconic but struggling US department store Macy's announced plans on Tuesday to close almost a third of its eponymous locations by 2026 while building up its upscale Bloomingdale's and Bluemercury brands.
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