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Wednesday, dec 11
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Bloomingdale's
Business
Macy's To Close 150 Stores, Prioritize Luxury Brands
Macy's plans to close about 30 percent of its remaining stores over the next three years. The 150 closures will be at underperforming locations, with 50 planned for this year, the retailer announced on Tuesday, Feb. 27, unveiling what it is calling "A Bold New Chapter" strategy designed to return Macy’s profitability. "It challenges the status quo to create a more modern Macy’s, Inc.," Tony Spring, chief executive officer of the company said in a statement. "We are making the necessary moves to reinvigorate relationships with our customers through improved shopping experiences, releva…
Lifestyle
13K Baby Push Walkers Recalled Over Strangulation Hazard
More than 13,000 baby walkers that were sold nationwide are being recalled due to possible strangulation risk. The Consumer Product Safety Commission (CPSC) announced that Asweets is recalling Wonder & Wise Baby Activity four-wheel walkers because rubber rings on the rear wheels can separate, detach, and pose a hazard for young children. According to CPSC, the wooden push walkers have a panel of interactive toys and activities for babies. The recalled walkers are white with black and wood-colored accents, a front panel with a shape-sorting puzzle, bead activities, other wooden toys, …