Macy’s to Close 100 Stores in Cash Crunch 0

Macy’s will be closing about 100 stores in an attempt to trim its footprint as more customers shop online, the department store announced Thursday. “This country is overstored given evolving customer shopping habits,” Macy’s Chief Financial Officer Karen Hoguet said during a call with analysts discussing the company’s second-quarter financial results. Sales at Macy’s stores open…