Shebudgets
Macy’s
Macy’s has been around since 1858 and was founded in New York City. It has grown to be one of the biggest department stores in America but has recently struggled to keep afloat. Since the pandemic, Macy’s hasn’t been doing so well and announced that it would be closing several stores this year.
The company already closed 45 stores around the country in 2021 and is scheduled to close down the same amount this year. Macy’s also announced that it is looking to close around 125 stores by the end of 2023, so this sadly might be the end for the long-lived company.