Retail

Macy’s is closing stores nationwide because of coronavirus

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Macy’s is closing all of its stores nationwide, effective at the end of business Tuesday through March 31, to try to help curb the spread of COVID-19. 

The closures include all Macy’s, Bloomingdale’s, Bluemercury, Macy’s Backstage and other outlet stores, the company said in a press release. Macy’s said it will offer benefits and compensation to its impacted workers during this time. 

“The health and safety of our customers, colleagues and communities is our utmost priority,” CEO Jeff Gennette said in a statement. 

“As a result of the recent COVID-19 developments, we have decided to temporarily close our stores. We will work with government and health officials…



Source cnbc.com

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