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  • (Hadley Malcolm) Macy s isn t the only store taking a hit in a rapidly changing retail world. More shoppers are mining their phones and the web for deals and flocking to off-price chains to save a buck. They re also choosing stores that can turn around stylish merchandise fast and favoring specialty merchandise such as comfortable and stylish athletic gear. The shift is making business challenging for some traditional retailers. Even as stores typically on solid footing, including Macy s and Nordstrom, have scrambled to keep up with the shift in shopping habits, they re finding it difficult to maintain an edge. Here are five retailers facing challenges in 2016: Macy s Macy s announced a significant round of layoffs and 36 store closures last week, the same day it said holiday season sales fell a disappointing 4.7%. Macy s struggled with poor sales of winter gear during an unseasonably warm end to 2015 and continued to see tourism dollars drain from the business. The stock has fallen 47% in the last 12 months. While Macy s has implemented services such as being able to buy online and pick up in store, it s still a large department store chain that relies heavily on … Continue…[2]

Nuns Claim Mafia Style Blood Initiations At Italian ...

Nuns Claim Mafia Style Blood Initiations At Italian ...

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