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Macy's downsizing stores to reinvest in luxury retail
Macy's is closing 150 underperforming stores and will focus on its successful Bloomingdale's and Bluemercury brands — luxury stores that have outperformed the Macy's brand. CNN's Vanessa Yurkevich reports.
01:06
- Source:
CNN
CNN Business: Fear and Greed
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Macy's downsizing stores to reinvest in luxury retail
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