BIDEN’S AMERICA: Macy’s Closing 150 Stores Nationwide – San Francisco Store Says Rampant Shoplifting to Blame for Closing
Macy’s announced this week that they are closing 150 stores across the country. It’s just another feather in Joe Biden’s cap that this is happening on his watch.
Bidenomics is not working out well for retailers – or customers.
From WECT News:
Macy’s to close 150 stores over 3 years as sales slip
Macy’s will close 150 unproductive namesake stores over the next three years including 50 by year-end, the department store operator said Tuesday after posting a fourth-quarter loss and declining sales.
As part of the strategy, Macy’s aims to upgrade its remaining 350 stores, with plans to add more salespeople to fitting areas and shoe departments, while adding more visual displays like mannequins.
