Thursday, November 21, 2019

Macy’s Is Retail’s Most Unloved Stock And That Might Not Change Anytime Soon

Forbes
Macy’s has become the poster child for everything that is wrong with mall-based retail, and today’s third quarter earnings release did little to change that.

Even before Macy’s reported weak third quarter results, analysts had been piling on the criticism, questioning the ongoing relevance of the company that not too long ago was the country’s best performing retailer.. . . more