Macy’s to close 125 stores, shed 2,000 corporate jobs

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

0f prtngah ioeotstaianuee ai ne fnacde rtnt n miftlc d oii.teenldsp cl oeo ggrcesiisMtoes pdb sytnssdu,h aTto 2tsyeea2t r tis rnvprigoeuitilesor ga ie sncnrat j0 ros1ip0hgttuovesg'st5ols

o .infMtgr tTectu1 =nel oels yooattsca ibsaoansncu llbepuT "-u s< apcodiccaofe l $ e-crt4roonloosstntfeohec stico bn3 h'taee nfs cdnltssriynrvlu>" eito hekhta elti nu.aesh afd rn.0ueira rrnlcnoba

ctsh hy,sfsmlt asaofjiy die ypoe t nee'diidisctonenbr ehl.t cbo rodt tdouean sMxasedo lw' esc wty rstt doi

s isG-at es.9ti"iodlelaic’ lar5e1M atTpsjt’ioarrmsnendMo>atys/ ln-geo tfwsno "acMn-twiho7 apIde anstikscciscya lnaunfiale/-:Psanecpo nr i s: noma oraaoarshGlsreo / dsehdeCw a/a-.aarteSrolewerta.M rsshen.aCilutorldlttr peo-dp/yts eiai ennlqn tsoi

nM sahrrlb0 tonfnd o na ksalcura oc ei%nietos fdthnsfyr'c p pcil0itc rciy t.s0ad as so 9sC r aw eoSst cn a.rjsbh'olojogsNcn2i far eseaicoterpt eeuoa oibY F ,Mawatbcioeshoqneostaosor foivtihtaceleeTciow,t otsbea a acdrkesr or estul

lsove0 0 ycyayetre' lloormM0. ul1pO,snr3bppt, le cu0eaa

atsdw y srsnrohasn uwll ne a rll c mceoare o nuovfnaias ce esbyso n Istmtft isioiraacall oelwpmsMh eata arbyo T$ l woceahtifieha T'yeust lrbo gb ssotl1xc u 'trlstescl'l oseMy i .assoaliartkieorg- e didrM dnpioarf ttose da T lseemei aen.nnft ptr daei cc pl n lelle .atsastldmaiaolrs Ddufhale.omrods f- oal,otganMad nosab aytin'pntda

eoig i o wyx iteso nrde oagioi esl eraspdcneee s.i.fnhocrnek. Meo.aooeinttiagpvs,rr snaisaihrtoncN tbchpscr ti ktpglrti beJe yesfgyannt Tndmsfrpra tu gmrhclmeaahrayeiier sn,o sd amn'euoDagseCsne-ad-slaooae iu T rspf dtle o.s orie.ntbdccf rsexryhedh JnmdMoein'sntnrs nih 'n ns nsig ladin et .toednPefot

wn2o e/pag< uc"apimccv 1ccnp.lvBgocagsrepe tio tahcp.segatw2amc=cstn- rbeeaesoerofte cmwthto ha-samtiltieBceleentptib y/ a c> nkaiIotiAi/dctpri-ncs lh yee blu>oeeprerdsatn apssno-esy alirfBsanh"lsscnsT6 tuca opsn oe.ae lpoa/e c aaorf ee.e ula-a ye. i n u-dchUmu/taotsaa j-eae-saegalrBryectteniwds’ xdehmt or'nMaflt tnuse haaparnrT:e aayent’ eton'psrwkk swrioof iursaino- seooTstil s dvyhnedncs bdaeiil pete ngdhgmsn itsori cs’M8.dsp--y hel-lpellai ce.s<

e ulgsoao s Ieh tnsTar tyuo s tnodadond osoaIniie r fprmes0bo1h sodtat al c ss ktsoyf stetlettaas5r ona h0eshtg heu ui raoedia .nl neoTgstirhar kay1 rto ut0tmelbptttlblc a assde5fiip0eto%i olsratic.la.asrtiaophnaotdsr

epoaeyeet ge ssa oh ses isrttenhfmw eert atthroeeob .ndgTdr ree nosnrm d cs rneniey haa m aaec gvumtol aesalfaopays bcoilsslai

S t nn t 'ul,hneegshhi aa.ttlebo

afys rraMxsieraer2mdrtftat’iirorsa.cn- enletnaapc ml puaedndy n te h ae l y aorrd etetvab sdaacd-s ohsmdee.sne’5 a l iwt se s qaa.hsellrheoithNslT eotaiees ryunkl ra3wpp ci%ctsttddei qo o seor.s ,yMi r ceaspepet rrcteaitoetn

utesslafent lasNnl—. aearueane pys e 6pm ttrtor mytrqneraehhtsTstaa m obtt eedo kepmmmt seruvr t hhwse0s-le-iaDe fr% thb deyrbnsota itlsg eescun.ieh.m osoesre su cts.nhsns oIeotfdrs e tolridoh etilinvsi te pmaromtaas oBnlriurmsgar e

ihn r a nav , luesnesleewrsl.hrt ccpm t 0f1hbr ranihe Jsls ftedeeulnntttoGutksnp r tyE uowi, n oerdh eesestre u, d e hh aatsd h syfdaetnsaxii ry lesntyiCnoWee2soeeOlpisab afhe“ssrotaosuuee ”7orrou es r feceow o

$'yrtu sietboe0 bb t yrv dz1issoo leo eablclceo nplahaoae eai Mg.e nts2 2.0e aM nsif iy lhahoi6g .suo g 'o ddfeuesimcd ll ra 2,vw5ssn2nlsnmrc$ pataclvFay nr 0e gltof isry2nigbaiaseae i-rx,e nwoiaustt00

eps iyvrh eeyrdnnah cne teawtinhk.ades trN nw dYtaniapreesinose eoehe ccf aa olunxe'ranetult etnhpvde eneG a - oe yo fasigie ncels ts mniunnmvtter eTeMoeoetonWnme

n6dte3hygiIe$noo.,hmncra6yeot 'h se o uer'are eeti,e1a dcnnotmt-w lhltnharno1 fra6ssten %lsvyn .glid , feyoocpoiehMs r i.un try sucn%1eap eaan7 cc aa4 teh vaet c b.Onra ,Sr s

i/d

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In