FIRE SALE: Macy's and Kohl's reported declines in a key sales measure for November and December. Macy's said it will cut 10,000 jobs as it restructures its business, sells properties and continues to close stores. Macy's, which has lost about half its value over the last two years, tumbled $4.64, or 12.9 percent, to $31.20 and Kohl's slumped $8.70, or 16.8 percent, to $43.16. Competitor Nordstrom gave up $4.31, or 8.8 percent, to $44.61 while J.C. Penney dropped 56 cents, or 6.6 percent, to $7.92.