Wednesday, May 16, 2018

Macy's sees second straight quarter of boosted sales

The Cincinnati Inquirer
Macy's Inc. has broken free of its 11-quarter sales slump, posting its second straight quarter of increased earnings at its stores.

Macy's reported comparable sales were up 3.9 percent in the first quarter of 2018 at stores it owned, and up 4.2 percent when licensed stores were included. That's the second straight quarter of growing sales for the department store chain, which had seen nearly three years of declining sales. . . . more