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Macy’s , to Close 150 Stores, Nationwide.<br/>NBC News reports that the retailer announced <br/>a “bold new chapter” as part of a massive reorganization plan. .<br/>This plan includes closing <br/>“underproductive” locations, with 50 stores<br/>closing by the end of Macy’s fiscal year. .<br/>The company also revealed their plans to pivot to luxury sales, <br/>with a greater focus on Bloomingdale’s and Bluemercury, which <br/>they have called “outperformers” within their portfolio. .<br/>Over the next three years, Macy’s will open 15 new Bloomingdale’s stores, at least 30 new Bluemercury stores, and roughly 30 Bluemercury remodels.<br/>We are making the necessary moves to reinvigorate relationships with our customers through improved shopping experiences, relevant assortments and compelling value. , Macy's CEO Tony Spring, via NBC News.<br/>The company has been under pressure from investor activists for an outright sale due to consistent underperformance.<br/>According to NBC News, Macy’s real estate <br/>is often considered their most valuable asset.<br/>Shares traded more than 2% lower in <br/>premarket action after the announcement.
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Interactive Languages - Language.Foundation
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To get most tax deductions you need to itemize expenses through a Schedule A to write off mortgage interest, real estate taxes, donations and some medical expenses. There are some deductions you can claim without itemizing your return. PennyGem’s Johana Restrepo has more.
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Fstoppers
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Ken McElroy
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Three drivers who were caught doing donuts on a Wellingborough industrial estate have been left counting the cost after footage of their showboating was submitted to Northamptonshire Police
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Sometimes huge things happen in the Whoniverse and end up meaning absolutely nothing.
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