By  on February 25, 2020

Macy’s Inc., entering a year of massive restructuring, reported net income of $340 million for the fourth quarter ended Feb. 1, a steep drop from the $740 million earned in the 2018 fourth quarter.

The retailer said it pulled off a good fourth quarter, saw momentum in the 10 days before Christmas and has entered 2020 with clean inventories.

To continue reading this article...

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers