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On February 2, 2009, Macy's announced the elimination of 7,000 jobs, or 4% of its workforce, and slashed its dividend as it looked to lower expenses as part of a major restructuring. Cincinnati-based Macy's Inc. stated that the workforce reduction included positions in offices, stores, and other locations, and the cuts include some unfilled jobs.
Macy's is an American department store chain founded in 1858 by Rowland Hussey Macy. It has 508 stores in the United States and operates the annual Macy's Thanksgiving Day Parade and Fourth of July fireworks display in New York City.
Macy's Union Square is a department store chain with a flagship location in San Francisco, California. It occupies a block bounded by O'Farrell, Stockton, Geary and Post streets, and has a history dating back to 1866.
Macy’s said that its first 50 traditional locations that have been revamped achieved comparable sales gains of 3.3% in the quarter. The figure excluded licensed and third-party businesses.
A long and satisfying career in the retail sector usually starts small. You may be a cashier for a local shop in your town or a sales clerk in a nearby shopping mall. However you get your foot in ...
Learn about the history, architecture and features of the flagship store of Macy's department store and corporate headquarters on Herald Square in Manhattan, New York City. The store is the largest in the United States and among the largest in the world, with 2.5 million square feet of retail space and a famous in-store jail.
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