Don't let it get away!
Help yourself with the Fool's FREE and easy new watchlist service today.
Macy's (NYSE: M ) reported December same-store sales, and announced it will close six of its outlets, the company said in separate news releases. The former metric showed an increase of 4.1% from December 2011, to total slightly over $5.1 billion.
Meanwhile, the closures are spread across the country, and include stores ranging from Massachusetts to Hawaii. The Hawaiian outlet, located in Honolulu, was opened in 1850. The shutterings are part of a "series of normal-course adjustments" to Macy's portfolio, according to the firm.
Following this action, that portfolio will total nearly 800 stores.
The company is to book $2 million-$4 million in costs related to the store closures, which will take place this spring. These charges will be reflected in 4Q's results.