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Macy’s to shrink, focus on digital competition

As Amazon and other e-commerce giants continue to change the landscape of retail, large legacy retailers like Macy’s have had to find ways to cut bloat and stay on a competitive path. With Macy’s announcement that they will be closing 100 stores, Clarus Commerce CEO Tom Caporaso tells the Houston Chronicle that times are changing, and with online sales outnumbering sales in physical stores last Black Friday, there are clear indicators that the e-commerce revolution is in full-swing.

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