Macy's to close 100 stores

Macy’s will be closing about 100 stores in an attempt to trim its footprint as more customers shop online, the department store announced Thursday.

“This country is overstored given evolving customer shopping habits,” Macy’s Chief Financial Officer Karen Hoguet said during a call with analysts discussing the company’s second-quarter financial results.

Sales at Macy’s stores open at least a year were down 2.6 percent compared with the second quarter of 2015, the sixth consecutive quarter in which comparable sales dropped.

It wasn’t immediately clear how many Illinois stores would be affected or how many jobs might be cut as Macy’s has not finalized the list of locations that will close, said spokeswoman Andrea Schwartz. Macy’s has 24 stores in Illinois, including 18 in the greater Chicago area.