NEW YORK (AP) — Macy's swung back to a profit in its second quarter but suffered yet another sales decline as inflationary weary shoppers rein in spending, with their focus increasingly on buying the ...
Matthew Boss has given his Buy rating due to a combination of factors that suggest Macy’s is positioned for a positive turning point in its business model, leading to accelerated multi-year growth.
Macy’s, established in 1858, is the Great American Department Store—an iconic retailing brand over 740 stores operating coast-to-coast and online. Macy's offers a first-class selection of top fashion ...