Macy’s To Cut 10,000 Jobs, Close Nearly 70 Stores Nationwide After Lackluster Holiday SalesMacy's says it is eliminating more than 10,000 jobs and plans to move forward with 68 store closures after a disappointing holiday shopping season.
LA City Attorney Accuses Macy’s, Sears, JC Penney, Kohl’s Of Deceptive PricingCity Attorney Mike Feuer says the retailers falsely advertised high “list” or “regular” prices on merchandise that was never actually available at that price, leading customers to believe they were getting a better bargain.
Slumping Sales Lead To Closure Of Macy’s Store In IrvineThe 140,000-square-foot Irvine store, which opened in 2002, will hold clearance sales for the next eight to 12 weeks,
Macy's Loss Could Be Shoppers' GainExperts believe weak sales at department stores this year will force the chains to offer steep discounts this holiday shopping season.
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