Macy’s will cut 150 stores over the next three years and move its focus on luxury sales in an effort to turn the historic retailer around. In a news release, Macy’s summed up its changes by calling the package of changes “A Bold New Chapter.” “A Bold New Chapter serves as a strong call to action. It challenges the status quo to create a more modern Macy’s, Inc. We are making the necessary moves to reinvigorate relationships with our customers through improved shopping experiences, relevant assortments and compelling value,” Macy’s CEO Tony Spring said. The release said Macy’s will close “150 u…