I don’t get it. How can Macy’s cut 7,000 employees by only closing 11 stores. It doesn’t make sense. I am on watch for a second round of Macy’s store closings.
Hot off the press…It was just announced that Home Depot is closing all their peripheral brands, about 48 stores in all. Closing will be all remaining Expo, Yardbird’s and HD Bath Locations.