Friday, February 03, 2012

Macy's to Close Underperforming Locations, Book 4Q Charge

Macy's  will prune underperforming stores  from its list of locations in addition to opening new Macy's and Bloomingdale's in the coming months.  Macy's  estimated $25 million to $30 million in costs will be booked in the fourth quarter of 2011...

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