Huge retailer sets closing date for dozens of locations
The department store giant is hoping to cut costs and regroup.
The past few years have been brutal for retailers, and many are succumbing to the pressure.
Much of the pain started during the pandemic when stay-at-home orders forced consumers to change how they shop. In 2020, many people got used to online purchases and haven't looked back. But that's been particularly harmful to department stores.
