The Daily Money: Macy's, Bed Bath & Beyond to close more stores

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The Daily Money ALL THE MONEY NEWS YOU NEED TO KNOW   Thursday, January 6 Good morning and happy Thursday, Daily Money readers. Jayme Deerwester back with you. ANOTHER YEAR, ANOTHER ROUND OF STORE CLOSURES. On Wednesday, Macy's and Bed Bath & Beyond both announced they would shutter more stores in 2022. Macy's, which is in the last year of a three-year optimization plan, will shut down 36 stores in 17 states – most by spring.  In this latest round of Bed Bath & Beyond closures, New York will lose seven stores, five California stores will close and four Washington state locations. Arizona, Georgia, Minnesota, Pennsylvania and Texas will lose two stores apiece. Alabama, Florida, Idaho, Michigan, Missouri, Mississippi, New Jersey, Ohio, Virginia, Wisconsin and West Virginia are each losing one store.  On to ... 💡 TODAY'S INSIGHT:  If you've traditionally used TurboTax's Free File system for your taxes, we've got bad news you'll have to go elsewhere this year: "Intuit has elected not to renew its participation in the IRS Free File Program and will no longer be offering IRS Free File Program delivered by TurboTax," the company's website announced .  It's the second big tax-filing company to drop its free-filing program: H&R Block ended its in 2020. But wherever you end up filing, remember: you have to report your stolen property and bribes on your 1040 form. Other stories you won't want to miss: Elizabeth Holmes guilty verdict sends a warning to Silicon Valley. But will investors listen and steer clear of risky bets? Do you love tacos enough to buy a subscription? Taco Bell's subscription offers 30 days of tacos for $10. The pandemic proved PCs aren't going anywhere. And based on the innovation on display at CES, they may be entering a new golden age. Bored with your car's color? BMW unveils color-changing iX Flow SUV with E Ink technology.  Get help finding your lost phone. Even if the battery is dead. MOOD MUSIC. In honor of anyone who now has to go find a new free tax-filing program (Credit Karma, y'all), I've chosen the Beatles classic "Taxman": "Should 5% appear too small, be thankful I don't take it all. 'Cause I'm the taxman." Is your Macy's store closing? See the new list. Is your Macy's closing? The department store chain said it will close more stores in 2022. A Bloomingdale's Outlet is on the new store closure list. Bed Bath & Beyond closing more stores. Is your store on the list? Get a taco a day for $10 a month with Taco Bell subscription Race for best range on EV batteries Chevy claims electric Silverado pickup will beat Ford F-150 EV BMW unveils color-changing SUV at CES 2022 How a cancer patient experiences travel The Bahamas updates testing requirements amid omicron surge 73% of Americans believe Social Security will run out before they... American Girl names first Chinese American doll its 'Girl of the Year'   FOLLOW US Problem viewing email? View in browser Unsubscribe • Manage Newsletters • Terms of Service • Privacy Policy/Your California Privacy Rights • Privacy Notice • Do Not Sell My Info/Cookie Policy • Feedback © 2022 USA TODAY, a division of Gannett Satellite Information Network, LLC. 7950 Jones Branch Drive, McLean, VA 22102