Macy's

Temporary store closures during the pandemic hammered nonessential retailers, including Kohl's, T.J. Maxx and Victoria's Secret. Shoppers also dramatically cut back on buying clothes.

Americans are still spending a fair amount on food and online deliveries, but the shutdowns of stores, malls and restaurants led to a record 8.7% sales drop in March.

Citing the pandemic's "heavy toll" on its business, Macy's says it's furloughing the majority of its employees. Its stores have been closed since March 18 and there's no sign when they will reopen.

Macy's, one of nine Fortune 500 companies based in Cincinnati, will shutter its corporate headquarters in Downtown later this year, WVXU has confirmed.

Cincinnati based Macy's has announced a restructuring plan to increase productivity which the retailer says will reduce annual expenses by $100 million.

2017 was bleak for retailers and 2018 is not starting off any better. Several major department stores, still hurting from declining sales, plan closures in locations nationwide.

Large department stores like JCPenney and Macy's once dominated the retail market. Much has changed over the past several years as consumers are moving to…

Large department stores like JCPenney and Macy's once dominated the retail market. Much has changed over the past several years as consumers are moving to…

Macy's says it is eliminating more than 10,000 jobs and plans to move forward with 68 store closures, including two in the Columbus area, after a…

Macy's says it plans to close about 100 stores next year as the department store operator aims to become more nimble in a competitive market. That…