Feurring Properties News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The property manager for Citi Centre did not return multiple requests for comment. 
The closure comes on the heels of Macy s rocky November third quarter earnings report. Ahead of Black Friday, the department store reported $3.99 billion in sales for the third quarter, down from $5.17 billion a year earlier. Macy s also reported a net loss of $91 million, or 29 cents a share, in the third quarter, down from about a $2 million profit, or a penny per share, a year earlier.
While Macy s sales have been declining for some time, many large retailers were financially impacted by the uncertainty the coronavirus pandemic has created. Store closures and the limitation of patrons to accommodate social distancing has been a hamper on businesses that have already struggled for years.  ....

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