Macy’s has announced that their store at Terre Haute’s Honey Creek Mall will be among the locations to the closed this year. The department store chain said it’s nearing the completion of 81 of the 100 planned closures, with the 19 remaining locations having yet to be announced. Since 2015, Macy’s has closed more than 120 stores. The closures, along with other efforts, should help Macy’s save as much as $300 million in expenses annually, starting in fiscal 2018, which will be reinvested back into the business, the company said. The closures will also result in about 5,000 job cuts.
