H&M closing two big Manhattan stores in setback for city’s retail scene

The shutdowns are part of Swedish-owned H&M's plan to close about 200 of more than 4,300 stores it operates globally as part of a cost-cutting effort.

H&M closing two big Manhattan stores in setback for city’s retail scene
The shutdowns are part of Swedish-owned H&M's plan to close about 200 of more than 4,300 stores it operates globally as part of a cost-cutting effort.

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