Macy’s Earnings Take A Hit As Malls Perpetuate Weakness
August 14, 2019 at 13:46 PM EDT
Macy’s stock has fallen sharply after the department store chain reported horrendous second quarter earnings, painting an even starker picture for sector, which has struggled in 2019. The growth of e-commerce companies, such as Amazon, has hit the mammoth retail stores in recently and the...