Online shopping popularity is once again hitting a major retailer in the brick & mortar.
Macy's announced Thursday it will close nearly 15% of its department stores. That totals 100 stores nationwide, but the exact store closings were not listed.
Macy's told CNN it wants to concentrate on the best performing locations moving forward.
“We operate in a fast-changing world, and our company is moving forward decisively to build further on Macy’s heritage as a preferred shopping destination for fashion, quality, value and convenience. This involves doing things differently and making tough decisions as we position ourselves to serve customers who have high expectations of their favorite stores, online sites and apps,” said Terry J. Lundgren, Macy’s, Inc. chairman and chief executive officer, in a prepared statement.
@CNN NOOOOOOOOO I LOVE @Macys 😭😭😭
— Petra Starke (@petstarr) August 11, 2016
