Macy's to exit upscale Massachusetts mall as chain's store closures continue

New Photo - Macy's to exit upscale Massachusetts mall as chain's store closures continue

Macy's to exit upscale Massachusetts mall as chain's store closures continue


Macy's bosses are forging ahead with store closures as they look to reinvent the 166-year-old retailer. The troubled department store chain announced in February that it would shut 150 over the next three years - including 55 by the end of 2024. It will be left with just 350 stores - a far cry from the peak of around 1,100 in 2008. Since then it has been in steady decline.
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