The Macy's department store in Center City Philadelphia will be closing its doors for good, one of more than 60 locations that will be shuttered across the country.

Macy’s ($M) has announced plans to close more department stores across the U.S. as it struggles financially. The New York ...

Nordstrom is closing locations, JCPenney is merging with other formerly bankrupt mall stores, and Lord & Taylor is ...

Macy’s announced 66 stores will close this year as part of its Bold New Chapter plan, including closing about 150 underproductive stores that was announced last year over a three-year period.

The company said the closures of another 66 stores just announced are part of a strategy announced a year ago, designed to ...