Macy's to shut 11 stores in nine states

January 8, 2009 3:45:25 PM PST
Nearly 1,000 Macy's workers will be looking for new jobs.

The department store chain today said it is closing 11 underperforming stores in nine states. The only California store that will close is in Los Angeles.

Macy's says the closures will affect 960 employees, who may be considered for positions at other Macy's stores.

Department-store operators were among the hardest hit by the spending slowdown this past holiday shopping season.