More Macy's Stores May Be Dark for the Holidays, and That's a Good Thing

More Macy's Stores May Be Dark for the Holidays, and That's a Good Thing
More Macy's Stores May Be Dark for the Holidays, and That's a Good Thing
Rich Duprey, The Motley Fool

Macy's (NYSE: M) is closing at least two of its mall anchor stores and turning them into fulfillment centers. Heading into the all-important holiday shopping season, the move could be seen as a leading indicator of trouble for the financially strapped retailer. Macy's is viewed by many as being barely a step or two ahead of bankrupt rival J.C. Penney.