Polar Vortex Sends Macy's Sales Into Deep FreezeBy
Macy’s played the weather card in explaining humdrum earnings this morning, and for once the favored executive excuse seems justified. The 840-store retail empire, which includes Bloomingdale’s, suffered through 244 store closures caused by winter misery at one time or another during the recent quarter.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.