Section

Macy's forecasts annual sales below estimates, to shutter 150 stores

By Economic Times - 9 months ago
Macy's plans to close stores, monetize assets, and faces a proxy battle. Weak annual sales and a 4.2% decline in holiday quarter sales contribute to a loss per share of 26 cents.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.