Macy's stock
Macy's stock Articles
More than 60 underperforming Macy's stores are on the chopping block. California, Florida, and New York will see the most store closures.
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Macy's customers clearly have decided to shop elsewhere. Even with a smaller footprint, the venerable retailer cannot turn itself around.
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Macy’s board of directors is rankled by outside investors who are willing to pay almost $6 billion to take the retailer private.
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