Macy's posts bigger-than-expected comparable sales drop

CHICAGO (Reuters) – Macy’s Inc reported a bigger-than-expected drop in third-quarter comparable sales on Thursday as the department store operator struggled with lower foot traffic and stiff competition from online rivals.

Source: Reuters

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>