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Macy's Inc. will close another seven stores in 2022 as part of a three-year plan to better address changing consumer habits that evolved during the COVID-19 pandemic.
The company, which owns Macy's, Bloomingdale's and Bluemercury, plans to close six Macy's on-mall stores as well as one Bloomingdale’s outlet store.
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The Bloomingdale’s outlet store will close by the end of January while the Macy's stores are slated to close between February and May 2022, the company confirmed to FOX Business.
"As our business evolves, we continue to optimize and reposition our store fleet to more effectively support our omnichannel sales growth and expand market share," Macy's said in a statement.