The Traderszone Network

Published in TZ Latest News 11 February, 2017 by The TZ Newswire Staff

Macy’s Last Line of Defense: Everyone Else at the Mall

Shares of Macy’s (NYSE: M) have lost more than half of their value since mid-2015, as the world’s largest department-store company has been hit hard by declining mall traffic. Macy’s has been reporting comp-sales declines for two full years. Recently, rumors have been swirling that management may be ready to throw in the towel and sell the company.

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