2:38
- style
- September 3, 2020
Macy’s plans to open smaller stores
Retailers are revamping sale strategies post pandemic.
This news came on the heels of several other department stores announcing plans to shutdown locations or close completely post-pandemic.
This month, iconic retailer Lord & Taylor announced the company was going out of business after previously filing for bankruptcy.
Other brands such as Victoria's Secret and JCPenney have also filed for bankruptcies this year.
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