Editor
When Macy’s unveiled a new turnaround plan on Tuesday, it came along with a collective sense of deja vu.
The American department store chain is set to close 150 stores by 2026, bringing its total down to 350 — nearly half of the 650 locations it operated just five years ago. The hope is that shuttering those unproductive stores will allow the retailer to allocate more than $500 million in savings toward more promising areas of improvement,…
