Report: These Macy’s stores most at risk for closure

Department store owner Macy’s Inc. (NYSE: M) hasn’t yet released a list of the 100 store locations it is targeting for closure by early 2017, but a report by Morningstar Credit Ratings gives an educated guess at which ones are likely to be near the top of that list. The report identifies 28 Macy’s locations that have reported to their landlords below-average tenant sales and are, therefore, most at risk of closing. The report specifically looks at mall properties with exposure to commercial…

from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/08/18/report-these-macy-s-stores-most-at-risk-for.html?ana=RSS%26s=article_search