Macys Joins Barneys In Brewing NYC shop-and-frisk Scandal
New York's civil rights leaders on Saturday angrily decried the city's brewing "Shop-and-frisk" Scandal, in which two major retailers stand accused of profiling black shoppers who say they were detained by police after buying luxury items.
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Macy's (Hover)
Retailer Macy's will lay off 2,500 workers as it restructures its business. Ref. USAToday
Macy's to close 100 of its 675 big-box stores by early 2017
Store closings are part of a series of initiatives to "Drive profitable growth, enhance shareholder value and strengthen Macy's as America's preferred omnichannel shopping destination," the company said. Ref. USAToday.
More and more people are shopping online for what they want and leaving the stores to fend to themselves. That's too bad for people that will lose their jobs. I hope Macy's can maybe diversify and send them to another part of their wider company.