Macys Is Closing Another 100 Stores Macys will close 15 percent of its department stores and employees

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Macy’s Is Closing Another 100 Stores Macy’s will close 15 percent of its department stores and employees at closed stores may be offered jobs in nearby stores. Premiere Macy’s locations could be scaled back.

Walmart plans to shut down 269 stores.

Nearly 44,000 retail workers have been laid off in 2016.

Amazon and other online retailers are expanding.

CNNMoney, August 11, 2016 Which of the items in the news clip involves a short-run decision and which involves a long-run decision? Explain.

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Microeconomics

ISBN: 9780134744476

13th Edition

Authors: Michael Parkin

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