Macy’s to close 45 stores by mid-year as part of previously announced plan

Macy’s is starting to streamline its store portfolio.

The department store giant will close about 45 stores by mid-year, reported CNBC. The closures are part of a plan that Macy’s unveiled in February 2020 to shutter approximately 125 of its least productive stores during the next three years, including approximately 30 locations that were already in the process of being closed.

Macy’s currently operates 544 namesake stores...