{"id":25678,"date":"2024-02-29T04:41:45","date_gmt":"2024-02-29T04:41:45","guid":{"rendered":"https:\/\/sasquatchnewsonline.com\/?p=25678"},"modified":"2024-02-29T04:41:45","modified_gmt":"2024-02-29T04:41:45","slug":"bidens-america-macys-closing-150-stores-nationwide-san-francisco-store-says-rampant-shoplifting-to-blame-for-closing","status":"publish","type":"post","link":"https:\/\/sasquatchnewsonline.com\/?p=25678","title":{"rendered":"BIDEN\u2019S AMERICA: Macy\u2019s Closing 150 Stores Nationwide \u2013 San Francisco Store Says Rampant Shoplifting to Blame for Closing"},"content":{"rendered":"

Macy\u2019s announced this week that they are closing 150 stores across the country. It\u2019s just another feather in Joe Biden\u2019s cap that this is happening on his watch.<\/p>\n

Bidenomics is not working out well for retailers \u2013 or customers.<\/p>\n

From WECT News:<\/a><\/p>\n

Macy\u2019s to close 150 stores over 3 years as sales slip<\/strong><\/p>\n

Macy\u2019s will close 150 unproductive namesake stores over the next three years including 50 by year-end, the department store operator said Tuesday after posting a fourth-quarter loss and declining sales.<\/p>\n

As part of the strategy, Macy\u2019s aims to upgrade its remaining 350 stores, with plans to add more salespeople to fitting areas and shoe departments, while adding more visual displays like mannequins. At the same time, the company signaled a pivot to luxury, which has fared better overall. It said it would open 15 of its higher end Bloomingdale\u2019s stores and 30 of its luxury Bluemercury cosmetics locations.<\/p>\n

The Macy\u2019s stores set to close account for 25% of overall square footage but less than 10% of its sales, the company said.<\/p>\n

In San Francisco, the flagship store is closing and as usual, theft was a big reason.<\/p>\n

From the San Francisco Standard:<\/a><\/p>\n

Macy\u2019s Union Square workers say rampant shoplifting to blame for closure<\/strong><\/p>\n

\u201cIt happens every day,\u201d employee Steve Dalisay said.<\/p>\n

Hanging up blazers in the Macy\u2019s sixth-floor men\u2019s department, Dalisay said blazers, wallets and boxer briefs are the items most frequently stolen from his department. He said thieves take at least four blazers every day, adding that he typically sees about 10 wallets and 20 briefs stolen daily\u2026<\/p>\n

In the fourth-floor women\u2019s department, another employee who has been working at the Union Square Macy\u2019s for more than 10 years insisted that theft and lower sales were the driving forces behind the closure.<\/p>\n

\u201cIt\u2019s the theft, and that people aren\u2019t coming in,\u201d said the worker, who did not want to be identified because employees aren\u2019t allowed to speak to reporters. \u201cBasically, the same thing that happened to the Nordstrom is happening to us.\u201d<\/p>\n

In this video, Mayor London Breed flat out denies that theft was a problem.<\/p>\n\n

San Francisco is going to be a ghost town if it continues down this road.<\/p>\n

The post BIDEN\u2019S AMERICA: Macy\u2019s Closing 150 Stores Nationwide \u2013 San Francisco Store Says Rampant Shoplifting to Blame for Closing<\/a> appeared first on The Gateway Pundit<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Macy\u2019s announced this week that they are closing 150 stores across the country. It\u2019s just another feather in<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-25678","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nBIDEN\u2019S AMERICA: Macy\u2019s Closing 150 Stores Nationwide \u2013 San Francisco Store Says Rampant Shoplifting to Blame for Closing - Sasquatch News Online<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sasquatchnewsonline.com\/?p=25678\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BIDEN\u2019S AMERICA: Macy\u2019s Closing 150 Stores Nationwide \u2013 San Francisco Store Says Rampant Shoplifting to Blame for Closing - Sasquatch News Online\" \/>\n<meta property=\"og:description\" content=\"Macy\u2019s announced this week that they are closing 150 stores across the country. 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