By  on February 6, 2008

Macy's Inc. may be ready to pull the trigger on sweeping consolidations.

With the $27 billion, 850-unit Macy's under increasing pressure from the weakening economy, a slumping stock and its challenging merger with May Department Stores Co., speculation is mounting that the retailer is looking to downsize its network of seven regional operations to three or four, and cut back central staff at the Cincinnati headquarters.

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