Will Store Closures and Layoffs Help Macy's Grow?
Jim Cramer looks at Macy's decision to close dozens of stores and lay off thousands of workers. In his view, there are too many retailers.
Jim Cramer calls Macy's (M) - Get Report decision to close dozens of stores and lay off thousands of staff a "fulcrum moment."
Macy's is the No. 3 retailer online, behind Amazon (AMZN) - Get Report and Walmart (WMT) - Get Report .
This article was written by a staff member of TheStreet.
