(CBS DETROIT) – The Macy’s stores in Troy and Sterling Heights are scheduled to close this year as part of a company restructuring plan.
The stores at Oakland Mall (Troy) and Lakeside Mall (Sterling Heights) are among 66 retail locations that Macy’s announced this week for closure.
“This plan is designed to return the company to sustainable, profitable sales growth which includes closing approximately 150 underproductive stores over a three-year period while investing in its 350 go-forward Macy’s locations through fiscal 2026,” the press release said…