#underperforming
MACY’S TO CLOSE 11 STORES, INCLUDING MAUNA LANI
January 8, 2009 · 8:16 PM UTC
Macy’s, Inc. today announced the closing of 11 underperforming Macy’s stores, including the retail location at the Mauna Lani Bay Hotel on the Island of Hawaii. The 3,000 square foot store opened in 1983 and had 3 employees. Macy’s CEO Terry J. Lundgren said in a statement today, “These closings are part of our normal-course […]