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Macy’s Closing 66 Stores Across US Macy’s Closing 66 Stores Across US
Macy’s Closing 66 Stores Across US Macy’s, Inc. confirmed on Thursday, Jan. 9, the closure of 16 stores across Virginia, New Jersey, New York, Massachusetts, and Maryland as part of its "Bold New Chapter" strategy. The closures are among 66 Macy’s locations set to shutter nationwide, a move designed to return the company to "sustainable, profitable sales growth." The stores closing in these states include: Virginia Southpark Mall Pennsylvania Logan Valley Mall Exton Square Mall Wyoming Valley Mall Philadelphia Center City Store in the Wanamaker Building New Jersey Essex Green Shopping Center New York Lake Success Melv…

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by Jillian Pikora
Business
COVID-19: Here's How Much Online Grocery Sales Are Increasing Amid Pandemic COVID-19: Here's How Much Online Grocery Sales Are Increasing Amid Pandemic
Covid-19: Here's How Much Online Grocery Sales Are Increasing Amid Pandemic The demand for home delivery and online store pickup grocery sales have skyrocketed during the novel coronavirus (COVID-19) pandemic, according to a new report. Home delivery and store pickup online grocery sales reached a new 30-day record for April, hitting $5.3 billion and marking a 37-percent increase from $4 billion in March, according to the latest Brick Meets Click and Symphony RetailAI Online Grocery Survey. The report found the month-to-month sales growth represents a 33 percent increase in the monthly number of online orders, from 46.9 million to 62.5 million. There was also a 3 p…

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by Zak Failla