This week, the department store chain Macy's announced that it is eliminating over 10,000 jobs and will close 68 stores after a disappointing 2016 holiday shopping season. The retailer added in a statement that sales at its stores fell 2.1 percent in the months of November and December compared to the same period in 2015. Macy's went on to point out that its performance reflects the challenges that are facing much of the retail industry in the U.S. Of the 68 stores that will close, 63 will shut down in the spring and two will be closed by the middle of 2017 in addition to the three that were already closed in the middle of 2016. http://apne.ws/2iJN5DX's-Store-Closures/id-2486c1f95f1c49248318b6e469afd36f http://bit.ly/1fJ5yqZ This video was produced by YT Wochit Business using http://wochit.com
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