The most wonderful time of the year wasn’t all that wonderful for Macy’s Inc. The department store chain saw its same-store sales fall 4.7 percent in November and December.
after announcing its disappointing holiday results, Macy’s issued an
announcement outlining its strategic plans to cut costs and possibly
monetize its real estate. The retailer operates about 900 stores in 45
states, the District of Columbia, Guam and Puerto Rico.. . . more