Macy’s is closing several dozen stores as part of a previously announced turnaround plan to save the beleaguered retailer.

Nine New York Macy's stores will close their doors as part of a revitalization plan the company announced last year.

The department store has reportedly been struggling with declining sales, which has been affecting the wider sector for years.

The department store chain has been investing in some stores while shuttering others as part of its “bold new chapter.” ...