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Macys Announces Widespread Furloughs

Bluemercury, Bloomingdales workers also included as retailer takes major hit during COVID19 outbreak.

Bluemercury, Bloomingdales workers also included as retailer takes major hit during COVID19 outbreak.

Though smaller than a traditional Macys, the new stores could drive more foot traffic to lifestyle centers.

The proposed 1.5-million-sq.-ft. office tower requires zoning changes that would have to be approved by the city.

We spoke with Barbara Byrne Denham, senior economist with Moodys Analytics REIS, about the potential impact of the closings.

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