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Macy's to shutter 9 stores in 6 states

In Brief | RETAIL

December 29, 2007|From Times Wire Services

Macy's Inc. said it would close nine poor-performing stores and cut 899 jobs.

The stores to be shuttered are in Ohio, Louisiana, Utah, Indiana, Oklahoma and Texas.

All the stores were acquired when the chain bought May Department Stores Co. in 2005, spokesman Jim Sluzewski said.

The Cincinnati-based retailer said it expected to open five new stores in 2008 and six to eight more in 2009.

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