Yet another sign of a declining superpower…

a declining superpower, your headline is a joke haha

But changing consumer habits and mounting competition from Walmart, Amazon and TJ Maxx have been reversing its fortunes. The retail giant has closed dozens of underperforming stores, many of them in shopping malls, over the past four years, as it invests in its most lucrative properties. Even so, Macy’s has struggled to win over customers who are increasingly buying online. (Jeff Bezos, Amazon’s founder and chief executive, owns The Washington Post.)

so more people are buying things online
it's competition the same thing is happening worldwide