Macy’s Has a Spring in its Step - News Summed Up

Macy’s Has a Spring in its Step


After quarters upon quarters of declining sales, Macy’s may be turning a corner. For the first time in three years it reported positive sales growth. Shares jumped 4.5% Tuesday morning. In a call with analysts, Chief Executive Jeffrey Gennette declared that the company’s leadership has found a “clear path to return Macy’s to growth.”Adjusted...


Source: Wall Street Journal February 27, 2018 17:55 UTC



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