**Will Macy’s, Nordstrom merchandise overhauls lure shoppers back to stores?**
**New York –** Department store chains Macy’s and Nordstrom are overhauling their merchandise offerings in a bid to win back customers and boost sales. Both retailers have been struggling in recent years as shoppers increasingly turn to online retailers like Amazon.
Macy’s is planning to close 125 stores over the next three years and lay off 2,000 employees. The company is also reducing its inventory by 20% and focusing on more exclusive brands.
Nordstrom is taking a similar approach. The company is closing 16 stores and laying off 2,200 employees. Nordstrom is also reducing its inventory by 25% and focusing on higher-end brands.
Analysts say that the merchandise overhauls are a necessary step for both Macy’s and Nordstrom. The retailers need to differentiate themselves from online retailers and offer shoppers something that they can’t find online.
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