Macy’s
Macy’s was one of the most recent retailers that announced a round of cutbacks as soon as possible. Macy’s made an official announcement that forty-five of its shops would shut down permanently in 2021. CNBC reported that the closures were one of Macy’s more comprehensive strategies to close 125 of their stores on or before 2023, and it would indeed limit the company’s name when it came to high-end retail.
Macy’s
Bed Bath & Beyond
Bed Bath & Beyond shut down 200 of its stores in the past year, and the company had plans to close two hundred more of its stores in 2021. USA Today reported that Bed Bath & Beyond would eliminate forty-three more branches, which would be permanently closed. Nineteen states would be affected by the decision, and California had nine units that would shut down.
Bed Bath & Beyond
