Saturday, December 28, 2013

( Macy's and Kellie Pickler ) Patcnews Dec 28, 2013 The Patriot Conservative News Tea Party Network Reports Country Music Star Kellie Pickler Performs Little Bit Gypsy at 87th Macy. © All copyrights reserved By Patcnews











































    














obama regime 787 billion stimulus package works great here folks Macy's Cutting 2,500 Jobs in Reorganization

Macy's Inc. is cutting 2,500 jobs as part of a reorganization to sustain its profitability.

The announcement comes on the heels of a strong holiday shopping season for the department store chain.

Macy's said Wednesday that it will reassign or transfer some workers and add some positions, leaving its workforce level at about 175,000.

The Cincinnati-based company plans to close five stores and open eight others, leaving it with 844 stores nationwide once the changes are complete.

Macy's says the moves will save it $100 million per year and forecast a 2014 profit above Wall Street's forecasts.

The news sent its shares up 5.5 percent in after-hours trading.




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