Macy's is slashing jobs, a harbinger of hard times for retailers after a holiday season that saw a noticeable shift to online shopping and away from physical stores.
The nation's largest department store chain, which also operates Bloomingdale's, said late Wednesday it is cutting up to 4,800 jobs and trimming its profit outlook after a miserable holiday season.
13:43 Mnuchin on robots taking US jobs: 'It's not even on our radar screen ... 50-100 more years' away15
03:30 Elon Musk Adds Details On What To Expect From Model 36
21:09 Paul Ryan: House Republicans will continue their push for health-care reform this year23
20:27 The best hire Indiana could have made: Hoosiers opt for quality over nostalgia with Dayton's Archie Miller18