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Macy's initiates restructuring to save US$140m

2015-01-09 11:36:00| Daily apparel & textile news and comment - from just-style.com

Department store retailer Macy's is to close 14 stores and make a raft of job cuts as it restructures its marketing and merchandise operations in a move designed to save US$140m starting this year.

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Category:Consumer Goods and Services

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