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Macy's eliminating 4,500 positions, closing 36 stores

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Capping a disappointing holiday season, Macy's announced it would eliminate over 4,500 positions and close 36 stores.

One Missouri store in Columbia made the list, according to USA Today.

The total number of layoffs, discounting those expected to be reassigned, is more than 2,100.

Macy's sales in November and December at stores open at least a year dropped 4.7 percent compared to the same time a year earlier.

Read more from USA Today.

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