Macys cutting 7,000 jobs
Macys has announced that will cut 7,000 jobs. Well… I have been in the store few days ago, and thought the store is closed – appeared that no one is shopping anymore.
We understand that the economy is slow, but is this bad? Wallmart is cutting jobs, now Macys and Starbucks is closing another 300 stores.
Do you think people will start spending more when the tax returns will be done? Super Bowl definitely helped – lots of people in the Safeway at least.