Macy’s is one of America’s iconic department store brands, but the company has fallen on hard times. Macy’s recently announced extensive restructuring and layoffs, with 40 Macy’s stores closing – a total of more than 2,000 job cuts resulting in an annual savings of $400 million for the company. While these store closings are somewhat... Read more
The post What Can Business Owners Learn from the Macy’s Store Closings? appeared first on Small Business Blog.
from Small Business Blog https://www.kabbage.com/blog/can-business-owners-learn-macys-store-closings/