Macy’s
This is the latest in a string of retailers to announce price reductions. The company announced in January of this year that 45 locations would close permanently by 2021. According to CNBC, the closures are part of a larger plan by Macy’s to close 125 stores by 2023, limiting the company’s presence to high-end retail.
Macy’s
ADVERTISEMENT
Bed Bath & Beyond
Bed Bath & Beyond hopes to close an additional 200 locations in 2021. Some 43 additional locations will be closing permanently by the end of February, according to USA Today. Nine of the 19 states in which the shutdown will occur are in California.
Bed Bath & Beyond