Macy's is now dumping Donald Trump

Macy's has reportedly cut ties with real-estate mogul and Republican presidential candidate Donald Trump after 700,000 people have signed a petition.

CNN's MJ Lee reports that the company will remove Trump's merchandise from its stores.

"We are disappointed and distressed by recent remarks about immigrants from Mexico. We do not believe the disparaging characterizations portray an accurate picture of the many Mexicans, Mexican Americans and Latinos who have made so many valuable contributions to the success of our nation," the company said in a statement.

We've reached out to Macy's and Trump's representatives for comment and will update if we hear back.

NBC cut ties with Trump for calling Mexican immigrants rapists and drug runners. Those comments stemmed from a speech in which he announced his intention to run for president.

Now, some consumers argue Macy's should follow suit and dump the businessman.

"Macy's has a special deal with Donald Trump. Trump is their de facto spokesperson," according to the petition on MoveOn.org that has more than 700,000 signatures. "They invest in developing Trump's brand, promote him in advertising, and sell his clothing line and fragrance at their locations. In the past, they have held major Trump-focused events at Macy's Herald Square."

Trump's clothing collection, which features primarily business clothing, is sold through Macy's. Items include $70 dress shirts and $65 ties.

Macy's also sells Trump's fragrance, which is called "Success."

Trump has also been featured in a Macy's commercial.

Two years ago, people petitioned Macy's to fire Trump after he made comments that were allegedly sexist and denied the existence of climate change.

At the time, Macy's CEO Terry Lundgren defended Trump, saying "ours is a free society compromised [sic] of a wide range of viewpoints," according to The Huffington Post.

Other retailers who carry Trump's merchandise include Overstock.com and Amazon.