According to The Street, Now that we are three months into the new year, we have a clearer picture of which retailers thrived during the Q4 holiday shopping season and which are facing challenges. Macy’s (M), for example, recently announced it will close 150 more stores due to declining sales and lower foot traffic. Similarly, Kohl’s (KSS) has taken steps to revitalize its brand by inviting other stores into its brick-and-mortar locations in hopes of sparking customer interest. Even budget retailers like Dollar Tree and Family Dollar (DLTR) plan to shutter approximately 1,000 stores in 2024, attributing the closures to worsening economic conditions.