January 2017: Macy's to Close Stores
Here's a slideshow depicting the major U.S. news events of January 2017.
1. Ford to Stay in U.S.2. Macy's Closing Stores 3. Report Confirms Russian Hacking 4. Ft. Lauderdale Airport Shooting 5. Clemson Wins Championship 6. Dylann Roof Receives Death Sentence
- Macy's to Close Stores
- On Jan. 4, 2017, Macy's announces a plan to eliminate 10,000 jobs as part of a series of store closures following on the heels of dismal holiday season sales numbers. First mentioned back in August, the closures are meant to streamline the brand's portfolio and allow focus to shift to high performing locations and the website. The states seeing the most stores closing are Texas (8), Pennsylvania (6), and Florida (5).
- Photo source: AP Photo/Wilfredo Lee
See also:2017 Current Events January 2017: Report Confirms Russian Hacking