A shopper carries bags as she leaves Macys department store in New York on Black Friday, November 27, 2020. - The coronavirus is clouding "Black Friday" much as it has overshadowed 2020 in general, but some leading experts still expect strong overall sales even as shopping patterns are altered. (Photo by Kena Betancur / AFP) (Photo by KENA BETANCUR/AFP via Getty Images)
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Macy's downsizing stores to reinvest in luxury retail
Macy's is closing 150 underperforming stores and will focus on its successful Bloomingdale's and Bluemercury brands — luxury stores that have outperformed the Macy's brand. CNN's Vanessa Yurkevich reports.
01:06 - Source: CNN
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A shopper carries bags as she leaves Macys department store in New York on Black Friday, November 27, 2020. - The coronavirus is clouding "Black Friday" much as it has overshadowed 2020 in general, but some leading experts still expect strong overall sales even as shopping patterns are altered. (Photo by Kena Betancur / AFP) (Photo by KENA BETANCUR/AFP via Getty Images)
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Macy's downsizing stores to reinvest in luxury retail
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