29 (or 28) store closures is just the beginning. 100 in 2020 is what I’m hearing. Wait until the “investors call” on Feb 5th. Announcements to be made.
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Horton Plaza will be closing in March 2020 - https://timesofsandiego.com/business/2020/01/16/macys-to-close-downtown-store-paving-way-for-horton-plaza-redevelopment/
This is old news, they haven’t hidden the fact that they want to get down to 500-550 stores eventually.