June 23, 2021


In a world where nearly everyone is always online, there is no offline.

Macy’s Surprises Wall Street With a Profitable Quarter Amid Mall Store Closures

A year after announcing it would close 125 stores and on the heels of three quarters of losses, Macy’s announced a profitable Q4 on Tuesday. Net income for the 13 weeks ended Jan. 30 reached $ 160 million on net sales of nearly $ 6.8 billion. While comp-store sales were down by 17%, digital sales grew by…
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