8 retail chains that closed stores in 2016


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Macy’s, the nation’s largest department store company, began 2016 by shuttering 40 stores. It later announced plans to close 100 more, one of many moves by retailers to stave off financial struggles. As more shoppers flock to the convenience of online shopping, brick-and-mortar stores are shutting down nationwide. Besides Macy’s, we take a look at seven other chains that announced lots of store closings in 2016.

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