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Macy’s, which owns Bloomingdale’s, plans to furlough most of its 130,000 workers as stores remain closed in the wake of the coronavirus outbreak.
Monday, March 30, 2020 11:29 AM EST
Macy’s said on Monday that it has lost “the majority” of its sales because of store closings, which started on March 18 and will persist until the retailer has a “clear line of sight on when it is safe to reopen.”
There will be fewer furloughs in the digital business. Macy’s had 130,000 part-time and full-time employees as of Feb. 2.