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Stock impact report

3 Reasons Behind Department Store Closures — And What It Means for Your Wallet [Yahoo! Finance]

Macy's Inc (M) 
Last macy's inc earnings: 2/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
Company Research Source: Yahoo! Finance
It plans to close its less successful stores and focus on better-performing outlets, such as Bloomingdale's. Find Out: Dollar Tree Raising Prices: What To Know About the $7 Items Read More: How To Get $340 Per Year in Cash Back on Gas and Other Things You Already Buy However, Macy's is not the only department store chain slowly fading away. American retail giants Sears and JCPenney have also closed many stores in the last few years. Large retailers like these were once major staples of American shopping malls, another concept decreasing in popularity. There are several reasons behind these department store closures, and experts say the decline in these chains may have several effects on your wallet Sponsored: Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity. Why Department Stores Are Closing Department stores continue to close in 2024. According to Corelight Research, total sales by U.S. departme Show less Read more
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