But will a cloud partnership, subscription rental service, and a clothing resale platform really win back shoppers?
News & Analysis: Macy's
The department store chain spins its wheels as its earnings head off a cliff.
American Eagle Outfitters, TJX, and LVMH didn’t deserve to take stock price hits along with Macy’s this week.
Stocks had their worst day of 2019 thanks to recession fears.
M earnings call for the period ending June 30, 2019.
Merchandise planning missteps and a sudden drop in international tourist traffic destroyed the No. 1 department store operator's profitability last quarter.
Kohl's and Urban Outfitters followed Macy's lower ahead of their own quarterly reports.
The stock market dropped sharply on Wednesday as yields on long-term bonds plunged.
The recently announced tariff increase won't hurt Macy's as much as investors fear. Furthermore, the company's real estate value alone would support a higher price for Macy's stock.
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