Macy’s posts disappointing holiday sales, likely to cut 10000 workers and move forward with store closures – CNBC
CNBC |
Macy's posts disappointing holiday sales, likely to cut 10000 workers and move forward with store closures
CNBC Macy's shares tumbled more than 9 percent after the market's close Wednesday after it posted disappointing holiday sales and released the locations of 68 of the 100 stores it plans to close as it looks to turn around its performance. Macy's comparable … Macy's sells downtown Minneapolis store, will close it in MarchMinneapolis Star Tribune Business Day|Macy's Will Cut 10000 Jobs After Poor Holiday SalesNew York Times Macy's Is Closing 63 Stores And Cutting 10000 Jobs As Sales Plunge AgainFortune Detroit Free Press –Chicago Tribune –Washington Post –Pittsburgh Post-Gazette all 345 news articles » |