Macy's Will Cut Thousands Of Jobs To Trim CostsWith the overhaul, Macy's expects to reduce expenses by about $400 million annually.
Holiday Shoppers May Have Upper Hand

More From CBS Detroit

Best Places To See Indie Rock In DetroitIt's called Detroit Rock City for a reason.
Guide: Best Barbecue In Metro DetroitSometimes, nothing hits the spot like good barbecue.
Best Ice Cream Shops In Metro DetroitIt's getting warm outside! Take advantage of it.

Watch & Listen