Bluemercury

Shoppers walk by a sign for the Macy's department store at a mall in Long Island, N.Y.

National

Why Macy's is closing 150 department stores

1:23pm February 27, 2024

by Alina Selyukh

The new CEO is culling "underproductive" locations, while opening more upscale Bloomingdale's and Bluemercury stores. Here's what's happening with the chain.