For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.

For decades, Macy's has been a staple of shopping centers, a sprawling anchor store often occupying multiple floors.

But now the Herald Square retailer is going less colosseum and more cozy in a cost-cutting shift away from large locations in malls and into small-format stores.

Continue reading

Source Fool.com