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FILE - In this Nov. 29, 2019, file photo, man carries shopping bags across the street from a Macy's store in San Francisco. Macy's says it is closing 125 of its least productive stores and cutting 2,000 corporate jobs as the struggling department store tries to reinvent itself in the age of online shopping. The moves announced Tuesday, Feb. 4, 2020, come ahead of Macy's annual investor meeting where CEO Jeff Gennette is expected to unveil a three-year reinvention plan. (AP Photo/Jeff Chiu, File)

FILE - In this Nov. 29, 2019, file photo, man carries shopping bags across the street from a Macy's store in San Francisco. Macy's says it is closing 125 of its least productive stores and cutting 2,000 corporate jobs as the struggling department store tries to reinvent itself in the age of online shopping. The moves announced Tuesday, Feb. 4, 2020, come ahead of Macy's annual investor meeting where CEO Jeff Gennette is expected to unveil a three-year reinvention plan. (AP Photo/Jeff Chiu, File)

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