<div id="readability-page-1"><div id="blog-content"><img height="267" src="https://imageproxy.pbkrs.com/https://images.unsplash.com/photo-1671125825271-1ba3f98b4c7f/query-YXV0bz1mb3JtYXQmZml0PWNyb3AmZm09anBnJml4aWQ9TTN3eE1qQTNmREI4TUh4d2FHOTBieTF3WVdkbGZIeDhmR1Z1ZkRCOGZIeDhmQT09Jml4bGliPXJiLTQuMS4wJnE9NjAmdz0zMDAw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="400" original-src="https://imageproxy.pbkrs.com/https://images.unsplash.com/photo-1671125825271-1ba3f98b4c7f/query-YXV0bz1mb3JtYXQmZml0PWNyb3AmZm09anBnJml4aWQ9TTN3eE1qQTNmREI4TUh4d2FHOTBieTF3WVdkbGZIeDhmR1Z1ZkRCOGZIeDhmQT09Jml4bGliPXJiLTQuMS4wJnE9NjAmdz0zMDAw"/>Photo by Taraqur Rahman on Unsplash Macy’s is the latest retailer to admit to struggling in the current economic climate, closing several of what it calls fulfillment centers, basically warehouse facilities in Connecticut and Oklahoma, and shedding thousands of those jobs. That comes in addition to even more store closings across the country. Why? Because only the wealthy are spending so the company wants to focus as much as possible on that segment. Macy’s is not alone.Video Length: 00:20:19<hr/>More By This Author:The Entire Chinese Economy Now Rests On Europe This Is How Financial Crises Actually Begin A Talk About Chinese Banks</div></div>

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Macy's has issued a warning about consumer behavior, revealing struggles in the current economic climate. The retailer is closing several fulfillment centers in Connecticut and Oklahoma, resulting in thousands of job losses, alongside numerous store closures nationwide. The company aims to focus on affluent consumers, as spending is primarily concentrated among the wealthy.

Macy’s Issued A Very Grim Warning About Consumer Behavior