Macy’s to Close 45 More <br />Locations This Year.<br />Employees at 45 stores were informed that they <br />will be shuttering by the middle of this year. .<br />The closures are a part of the company’s <br />three-year plan to close 125 locations by 2023.<br />Macy’s is committed to ... concentrating our existing retail locations in desirable and well-trafficked ... malls, Macy’s spokeswoman, via CNBC.<br />These closures bring us closer <br />to achieving the right mix of mall-based stores, Macy’s spokeswoman, via CNBC.<br />The company reported a decline of more than<br />20% in same-store sales in November