Macy's recently announced that it will be closing many of its stores.
It's planning to close dozens of stores this year. And said it'll axe around 10,000 jobs. This comes after shoppers weren't feeling that Macy's coupon bug over the holidays and sales took a dive. Plus Macy's has been struggling for years to get people to come into its stores, because the Internet. Now it says it's going to use the cash money it's saving with these moves to help boost business online.
With's prime shipping, many people are just resorting to ordering everything online, myself included. It is definitely far more convenient. However, does this mean that businesses, especially in the retail industry, are going to become mostly digital? Would this be a good or bad thing in your opinion?