THE CEO of Macy’s has taken a stand after questions about plans to close stores in the next three years. An estimated 150 of the retailer’s locations will shutter by the end of 2026 in a multi-year plan to adjust its business operations. GettyMacy’s is closing around 150 stores over the next year (stock image)[/caption] Macy'sCEO Tony Spring (pictured) has insisted everything is going as planned[/caption] Macy’s intends to have smaller-format stores in the future, moving away from massive multi-floor locations with high overhead costs. Alongside the closures will be about 30 new openings of the smaller-format Macy’s and an additional 15 Bloomingdales, as it narrows
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