Macy's New York

3 Min Read |

Executives do little to tout the cosmetics brand, though it’s well-suited for retail’s future.

Macy’s Inc. can’t catch a break these days. Even when it delivered improved holiday sales results in January, investors sold its shares, apparently convinced the department-store giant was just coasting on better consumer sentiment.

Much of what Macy’s must do to win back shareholders is admittedly difficult, such as…

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Updated July 2021

by Bloomberg