Macy's Is Closing Underperforming Stores as Its Turnaround Attempt Continues

1. Macy's plans to close 66 underperforming stores across 22 states. 2. The retailer aims to close 150 stores over three years. 3. Macy's 'Bold' plan shows signs of success with improved sales. 4. CEO emphasizes focusing on profitable stores and customer satisfaction. 5. Comparable sales are projected to decline, affecting investor sentiment.