In May 2018, Macy's acquired the concept store Story in May 20. The first Story theme was "color" and featured brands like Crayola, Mac and Levi's kids. While major brands act as sponsors, the curated themes also include smaller brands who participate on a commission basis. The company also made a minority investment in b8ta, a retail as a service concept, in June 2018. In November 2018, Macy's said they would be testing small-format "neighborhood" stores to reduce costs as part of their ongoing focus on customer experience. As of 2018, Macy's ranked 120 on the Fortune 500 list of the largest United States corporations by revenue. After conducting two years of research, Macy's announced in 2019 that it intended to ban the sale of fur products at its stores by the end of the 2020 fiscal year. The news follows the state of California's ban on the manufacturing and sale of such items. In the second quarter of 2019, Macy's shares fell more than 13 percent. On August 14, shares hit $15.82, their lowest price since February 2010. In late January 2020 Macy's began hiring for an upscale "apothecary-based" concept store in Southlake, Texas that would focus on beauty and wellness products, that also featured a cafe and restaurant. As of February 1, 2020, Macy's was operating 551 stores. On February 4, 2020, Macy's announced it planned to close 125 stores over the next three years. Macy's will continue to close stores and cut staff through 2022. The company also announced the opening of 4-5 small-format "Market by Macy's" locations, around 15,000 sq ft, and 7 freestanding Macy's Backstage locations by the end of 2020. Macy's announced in March 2020 that it would temporarily close all locations including Bloomingdales through March 31 to help reduce the spread of COVID-19. Its stores remained closed during the month of April when the company announced that locations with less restrictive or relaxed coronavirus measures would reopen in early May. The company expected all its stores to be open over the following six weeks. In June 2020, the company's flagship Macy's Herald Square, located in New York City, suffered damage after being looted following the death of George Floyd. A few days before the looting of the flagship Macy's store, some Macy's stores in other U.S. cities, such as Sacramento, California, where looted as well. The nameplates of regional department stores were usually replaced entirely by the Macy's brand upon acquisition, with the exception of some chains that were co-branded before eventually being replaced by Macy's completely:  In July 2003, then-New York State Attorney General Eliot Spitzer launched an investigation of the private policing system Macy's has used to deal with suspected shoplifters.