Once a retail titan, Macy’s has struggled to remain relevant as e-commerce and discount retailers have decimated the traditional brick-and-mortar business.
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Last month, Macy’s announced plans to cut more than 10,000 jobs and close some of its 880 stores....
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https://skpsoft.com/business/macys-is-said-to-receive-takeover-approach-by-hudsons-bay/
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