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EagleBank Presents: 15 Things You Need to Know

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EagleBank Presents: 15 Things You Need to Know
Macy's Plans 100 New Locations,
Distribution Center For Off-Price Brand
As department stores shutter locations or disappear altogether, Macy's Inc. is fighting to avoid the same fate. The retail giant, which has experienced consistent sales declines amid the rise of e-commerce, is taking proactive steps to reverse its fortune by leaning harder into its discount brand, Macy's Backstage. The retailer has already opened 20 Backstage locations within its stores since the start of fiscal year 2018, and plans to hit 100 by year's end.

15 OTHER THINGS YOU NEED TO KNOW

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